News Release - Bureau of Economic Analysis
5 days ago · The increase in current-dollar personal income in September primarily reflected increases in compensation and personal current transfer receipts that were partly offset by decreases in personal interest income and proprietors’ income (table 2).. The $105.8 billion increase in current-dollar PCE in September reflected an increase of $72.1 billion in spending for services and an increase of ...
Total PCE Inflation Gets Closer To The Fed’s 2% Target - Forbes
4 days ago · Month-on-month pressures were modest, as the September 2024 PCE price index increased by 0.2%, and the core PCE price index, which excludes food and energy, increased by 0.3%.
PCE inflation September 2024: - CNBC
6 days ago · The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
PCE report for September: Inflation data shows price growth …
5 days ago · If the PCE index rises 0.2% in each of the next few months, the 12-month reading could bump back up to 2.5%, estimates Stephen Stanley, chief economist at Santander Capital Markets.
Personal Consumption Expenditures Price Index
6 days ago · The PCE price index, released each month in the Personal Income and Outlays report, reflects changes in the prices of goods and services purchased by consumers in the United States. Quarterly and annual data are included in the GDP release.
Inflation Cooled Further in September, PCE Index Shows - The …
5 days ago · That is nearly back to the Federal Reserve’s 2 percent inflation goal — good news for both the Fed and the White House. It is also slower than the previous reading, which stood at 2.3 percent.
September US PCE inflation ticks up, as expected | Reuters
5 days ago · The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% in September after an unrevised 0.1% gain in August.
PCE inflation edges closer to Fed's 2% target, keeping
"Even if headline PCE inflation hits 2.0%, that doesn’t mean the [Fed] will declare victory and go home," said Richard Moody, chief economist of Regions Financial. The increase in the core rate ...
PCE inflation August 2024: Prices rise 2.2%, less than expected
Sep 27, 2024 · Economists surveyed by Dow Jones had been expecting all-items PCE to rise 0.1% on the month and 2.3% from a year ago. Excluding food and energy, core PCE rose …
Latest inflation data gives a ‘bright green light’ for a rate cut
Aug 30, 2024 · The core PCE index, a closely watched measure of underlying inflation that strips out the more volatile components of food and energy, held steady as well by rising 0.2% for the month and 2.6% ...