Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly revised 0.5% gain in February, the Commerce Department' said on Wednesday.

The Federal Reserve’s preferred gauge of inflation, the Personal Consumption Expenditures (PCE) price index, remained unchanged in March after rising 0.4% the previous month. From the same month one ...

Back when inflation surged after the COVID pandemic, the New York Fed rolled out a measure of prices that showed that things ...

The Multivariate Core Trend inflation rate for March accelerated to 3.0% YoY, the worst reading since February 2024, ...

Economists expected the PCE price index to cool sharply to 2.2% annually in March, likely due to falling energy costs as oil prices slumped on lower demand expectations. Energy prices did indeed ...

Tariffs hadn't raised the cost of living as of March, according to Wednesday's report on the Federal Reserve's preferred ...

Economists forecast that the core PCE inflation index would rise 2.5%. The PCE Price Index was unchanged from month-ago levels. Excluding food and energy, the index also was unchanged. The PCE ...

While some Federal Open Market Committee members worry about the potential for tariffs to push prices higher, economic ...

The headline PCE was mostly flat, in line with expectations. The S&P 500 was down 1.8%, while the Nasdaq Composite was down 2.4%. The Dow was down 630 points, or 1.6%. The Nasdaq was down about 2. ...

After a turbulent few weeks dominated by trade headlines and shifting Federal Reserve expectations, ETF investors are now turning their attention to Wednesday’s PCE report. Fixed-income ...