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The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
PCE headline and core inflation rose again in June relative to upwardly revised figures in May and April. A month ago, core PCE inflation was recorded as 2.57 and 2.67 per cent for these two months ...
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this ...
The crypto market immediately dipped in reaction to the news. Ethereum fell 0.16% in an hour to $3,829.22 and XRP fell 0.95% ...
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Investor's Business Daily on MSNKey Fed Inflation Rate Overshoots As Layoffs Jump; S&P 500 Climbs (Live Coverage)The Federal Reserve's primary inflation gauge, the core PCE price index, rose more than expected in June. The hurdle to a Fed ...
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...
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