Tag: PCE
Wall Street rises sharply after PCE inflation improves bets on rate cuts
(Finance) – Strong earnings day for Wall Street after starting lowerwith the Dow Jones up 1.74%; on the same line, it moves with the wind at its backS&P-500which reaches 5,967…
USA, PCE inflation slows in August
(Finance) – The incomes of American families are increasing, as are personal expenses. According to the Bureau of Economic Analysis (BEA) of the United States, personal consumption (PCE) increased by…
US Market Positive After PCE Inflation
(Finance) – The New York Stock Exchange starts the last session of the week in positive territory. The Dow Jones shows a rise of 0.29%; along the same lines, theS&P-500…
Fed, Goolsbee maintains focus on PCE after CPI above expectations
(Finance) – “We had multiple inflation values higher than we wanted” for the consumer price index (CPI), but PCE “is the best measure“. He stated it Austan Goolsbeepresident of the…
PCE inflation, Biden: today marks a significant milestone
(Finance) – “Today marks a significant milestone with inflation in the last six months at the pre-pandemic level of 2%. Americans saw their income grow 3.7% over the past year,…
Wall Street positive as PCE inflation moderates
(Finance) – Positive session on Wall Street, after the publication of the last salient macroeconomic data before the Christmas holidays. Before the market opened, the Bureau of Economic Analysis announced…
The American stock market is brilliant after the PCE index, Apple at historic highs
(Tiper Stock Exchange) – Wall Street moves higher, after a measure of inflation – closely watched by the US central bank – cooled down in May, offering new evidence that…
USA, inflation measured by the PCE index rises beyond expectations in April
(Finance) – Expenditures and incomes of American families were above expectations in April. According to Bureau of Economic Analysis (BEA) of the United States, i personal consumption (PCE) they increased…
The New York Stock Exchange is down. PCE inflation boosts Fed fears
(Tiper Stock Exchange) – Wall Street is in sharp decline after macroeconomic data released before the opening showed personal consumption spending rose more-than-expected in January, raising fears the Federal Reserve…
US, Biden: PCE inflation shows that “we still have a lot of work to do”
(Finance) – Today’s report of the US Core Personal Consumption Expenditure (PCE) index, which came in above expectations in January 2023, “shows that we’ve made progress on inflation, but we…