The BEA compiles an estimated total for PCE to measure and track changes in spending on consumer goods over time. This figure can provide an idea of economic strength and howprice changescan affect spending.2 Th
The inflation measure released today for March – the PCE price index favored by the Fed as yardstick for its inflation target – has a salient feature that it had many times before: Sharp up-revisions of the prior month’s data, this time for...
At the time, investors were worried that the Fed would keep aggressively hiking interest rates to reel ininflation, but the report helped mark the end of a series of 75-basis-point rate hikes since it showed inflation was falling.
recession sometime in the next 12 months. JPMorgan estimates the recession probability is 60%, citing the potentially substantial impact tariffs could have on consumer sentiment, supply chains and economic growth. Goldman Sachs estimates U.S. recession odds at 45% and is forecasting just 0.5...
PCE inflation is a separate measure from the Consumer Price Index, whichreleased data for Decemberearlier in the month. The CPI rose in December, but the core measure cooled. The two inflation measures often move in the same direction but can sometimes show diverging trends because they are cal...
Liz Ann Sonders interviews Kayne Anderson CEO Al Rabil about the state of the corporate real estate market. How did the latest inflation numbers affect the stock market and Treasury yields? In this episode, Kathy Jones and Liz Ann Sonders discuss why the CPI report showed higher-than-expected...
This time around, the stakes are similar. Indeed, Wednesday’s CPI represents one of the last major economic data releases before the next FOMC meeting, scheduled for early May. While the central bank has a stated preference for the Personal Consumption Expenditures (PCE) report, there’s no ...
How to interpret the recent CPI and PPI data? According to the monetary policy report submitted by Powell to Congress, which outlines the Federal Reserve's views on interest rates, inflation, employment, and the economy over the past year, the Fed mainly focuses on the PCE index. In assessin...
Thereis still plenty of room for correction of “easing expectations” for some time to come. Be wary of the phased implementation of “austerity deals.” At that time, US bond interest rates and the US dollar index may remain high or rise in stages, put
At the same time, seizures, and in particular their unpredictability, are a major source of stress for the person with epilepsy. Not knowing when, where, or if a seizure will occur has been identified by patients with epilepsy as the aspect of the disorder of greatest concern [7]. ...