Core PCE, Inflation
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Stocks Finish Higher as Core PCE Prices Match Expectations
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.59%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.65%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.44%. December E-mini S&P futures (ESZ25) rose +0.
Are 13th Gen Core i CPUs too good a deal? Intel seems to think so, as reports suggest that a 10% or higher price hike is headed to certain hardware. Here's what you need to know.
Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut in October by the Federal Reserve. The core personal consumption expenditures price index,
The Federal Reserve‘s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in July compared with a year ago, the Commerce ...
US core PCE inflation held at 2.9% in August while the personal consumption expenditures price index posted a 0.3% gain for the month.
Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week.
The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.
In terms of inflation, the Personal Consumption Expenditures (PCE) Price Index rose 0.3% in August, bringing the annual inflation rate to 2.7%. Excluding volatile food and energy prices, core inflation held steady at 2.
Singapore's central bank and the Ministry of Trade and Industry said that the inflation outlook in the quarters ahead is subject to both upside and downside risks such as “geopolitical shocks” or weaker domestic growth.