Inflation showed few signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, the same as in Febru...
Previewing the PCE Price Index data, “another firm increase in March CPI inflation will likely result in a still firm 0.25% m/m gain for the core PCE — though we flag that the risk to our forecast is to the upside,” said TD Securities analysts in a weekly report and ...
Services prices generated most of the inflation for the month, rising 0.4%, while goods fell 0.1%. Food prices were little changed, while energy was off 0.1%. Fed policymakers target inflation at a 2% annual rate. PCE inflation has been above that level since March 2021 and peaked around 7...
The decline follows US President Donald Trump’s reaffirmation that his proposed 25% tariffs on Mexican and Canadian goods will take effect on March 4, along with an additional 10% duty on Chinese imports, citing ongoing concerns over drug trafficking into the US. Investors await the Perso...
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The market expectations for rate cuts in the March and May policy meetings are not expected to heighten significantly even if the inflation report turns out softer. Fed policymakers need good inflation data for months to consider a change in the monetary policy stance. Therefore, one good progress...
Then on Thursday, theADPemployment report will publish, which will set the stage for the more comprehensiveBLSemployment report released on Friday. Expectations are that the economy added 180,000 nonfarm jobs in May, down from 253,000 in April, and that the unemployment rate rose from 3.4% to...
Trump confirmed on Thursday that his proposed 25% tariffs on Mexican and Canadian goods will take effect March 4 along with an extra 10% duty on Chinese imports as fentanyl continues to pour into the US from those countries. His latest remarks brushed aside his Wedn...
By database prediction and mass spectrometric analysis, miR-3681-3p and MAP2K7 are potential downstream target molecules of lncRNA PCED1B-AS1 and verified by dual-luciferase report assay. RT-qPCR analysis and western blot were performed to detect the expressions of PCED1B-AS1 and MAP2K7 in ...
In addition to reporting the three measurements above, the Personal Income and Outlays report includes the PCE Price Index (PCEPI) figures. The PCEPI measures the prices consumers pay for goods and services and changes in those prices. It is considered a gauge of inflation in the U.S. economy...