The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...
Core PCE inflation, a gauge the Federal Reserve closely monitors, is expected to be little changed in July, when the Commerce Department’s Bureau of Economic Analysis releases its Personal Income and ...