The CPI is a measurement of the average change in prices paid by urban consumers for a variety of goods and services. Learn more about the CPI, why it's important, and how it's used.
Another popular monthly inflation gauge is the Personal Consumption Expenditures (PCE) index. This index is tracked and managed by the U.S. Bureau of Economic Analysis (BEA). How does the CPI affect the economy and consumers? The CPI serves as a crucial tool for policymakers, financial market...
And remember, the Fed is not looking at CPI as much as it is PCE, and that's actually ahead of where CPI is for a number of reasons. It's actually, I think, dropped below 3% at this point. And so we're getting closer to what the Fed wants to see on...
PCE, the PCE prices, this week. PCE, the headline number is supposed to come in at 2.4%. That'd be down from 2.6. The core is supposed to come in at 2.5. That's also down from 2.6. Inflation is headed... Right now, it looks to be headed towards the Fed...
within that indicator. “Yellen said actual inflation isn’t that important. It’s the outlook. I don’t think the market buys that. The market is thinking there’s some kind of deflation out there. We want to see what the PCE/deflator, the core is going to do on Tuesday,” said ...
The latest inflation rate is 2.6%, according to the personal consumption expenditures price index (PCE), minus volatile food and energy; the core PCE is the Fed’s preferred measure of inflation. One sticky area of inflation right now is rental housing. Typically, there’s a lag in how ...
The CPI is one of the tools that the federal reserve uses to determine whether to raise or lower interest rates. We Recommend Personal Finance What Does a Jump in PCE Mean for Inflation? Personal Finance How To Calculate a Rent Increase by CPI ...
In summary, the U.S. economy remains robust despite weaker economic data. The housing market is normalizing, not collapsing, and initial claims and core durable goods orders are still rising at double-digit rates. Additionally, second quarter real GDP growth is expected to be revised upward, ...
On Friday, market watchers will likely be focused on the latest inflation data, as the August reading of the Personal Consumption Expenditures (PCE) Price Index will show whether price pressures continue to cool. The July PCE reading showed the Fed’s preferred inflationmeasurement was down to an...
Often, when signs of economic growth or recovery begin to appear, consumer discretionary stocks will lead an upward move in stock market prices. Investors who believe a positive spending trend is taking shape may find consumer discretionary stocks a good investment opportunity. ...