The PCE measures changes in consumer spending on typical goods and services. It’s used by economists to track inflation (or deflation) in the U.S. economy.
The PCE measures changes in consumer spending on typical goods and services. It’s used by economists to track inflation (or deflation) in the U.S. economy.
A specific subset of price data, such as rental prices, food or the popular core CPI, which excludes food and energy prices Time period, with data going back decades Another popular monthly inflation gauge is the Personal Consumption Expenditures (PCE) index. This index is tracked and managed ...
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.
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 The BEA Personal Income and Outlays report releases monthly personal spending and income...
The New York Fed's recession probability model suggests there is a 30% chance of a U.S. 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...
Meanwhile, inflation is cooling off here in the U.S. The Consumer Price Index (CPI) was unchanged in February and the Producer Price Index (PPI) declined. On the flip side, though, last Friday’s Personal Consumption Expenditures (PCE) index came in hotter than expected, mainly due to a...
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 ...
at a time when inflation still remains elevated.An overview of Mr. Trump's new "Liberation Day" tariffsThe first tariff will be a 10% across-the-board tax applied to all imports to the U.S.The second tariff, reciprocal tariffs, will be applied to imports from 60 countries and are aimed...
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...