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 p
Headline PCE rose 0.3% in February and was up 2.5% in the past 12 months. Core PCE, which excludes food and energy, increased 0.4% last month and is up 2.8% in the past 12 months. Core PCE is the Federal Reserve’s favorite inflation indicator – and it clearly remains above the Fed...
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 ...
The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his o...
8 Best Warren Buffett Quotes of All Time Greg Abel will replace Warren Buffett as CEO of Berkshire Hathaway at the end of 2025. But these bits of sage wisdom from Buffett's 60 years at the helm won't be forgotten. Brian O'ConnellandRachel McVearryMay 5, 2025 ...
Others have suggested using the chain-weighted GDP or the PCE indexes instead of CPI, but theFederal Reserve concludesthey are at least as flawed as CPI is. Obviously, conspiracy theorists don't really care what the Fed says. In fact, most of the time I find that conspiracy theorists simpl...
In the months ahead. So not just in the weeks ahead, but in the months ahead. And we've had a market that is instead hitting all time highs. And the market is usually strong to close out the year after the election. Very strong often. It was strong after...
Whatever the odds are, it is a fraught time for the Fed, which is expected to be cutting interest rates for the first time in this cycle at its September meeting. Do you have any thoughts on the recession/no recession scenario and what the Fed should or might or ...
Lauren R. Rublin: All right, Andrew, I think it's only appropriate to start with a discussion of Berkshire. For one thing, the stock hit an all time high today of 686,000. That's a huge stock price. And for another, Buffett said in a press release today...
In the months ahead. So not just in the weeks ahead, but in the months ahead. And we've had a market that is instead hitting all time highs. And the market is usually strong to close out the year after the election. Very strong often. It was strong after Biden...