News

Core PCE Inflation Rises 2.7% In May, Higher Than Expected
The headline index was up 2.3% year-over-year, as expected.
The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Despite Tariffs, Inflation Remained Low In May
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
US stocks close at an all-time high just months after plunging on tariff fears
U.S. stocks closed at an all-time high to end the trading week, another milestone in the market's remarkable recovery from a springtime plunge caused by fears that ...
Treasury market taking cues from weak consumption data over PCE inflation reading: strategist
Weaker-than-expected spending figures are having more of an impact on the Treasury market Friday morning than a slightly hotter-than-expected core inflation reading as investors parse May personal ...
Gloomy Americans cut back on spending as inflation ticks higher
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...