PCE, key fed inflation gauge, rose 2.8% in June on par with expectations
The personal consumption expenditures price index rose on par with analysts' expectations, presenting signs of slowing inflation in the gauge favored by the Federal Reserve.…
PCE inflation flat in October, up 3% from a year ago
U.S. consumer spending measured by the PCE inflation index favored by the Federal Reserve was flat in October, increasing less than 0.1%. The BEA said…
July PCE ticks up 0.2%, with consumer spending, income both on the rise
The U.S. Commerce Department said Thursday that PCE consumer spending increased $144.6 billion in July. The PCE price index showed inflation, excluding food and energy,…