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The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday. Chances of a September rate cut plunged below ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
The U.S. Bureau of Economic Analysis, or BEA, announced Thursday that personal income for Americans increased in June, but so ...
The Federal Reserve's preferred inflation measure, the PCE, or personal-consumption expenditures price index, for June is due ...
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
US consumers continued to spend in June despite tariff-related price hikes. Consumer spending rose 0.3% from May, according to Commerce Department data released Thursday.
Bret Kenwell, U.S. investment analyst at eToro, shared the following comments about Thursday's PCE price index reading for June, which reflected an acceleration in inflationary pressures last month.