Today's CPI came in lower than expected. That would normally help bonds rally, but they didn't seem too eager to do that. One ...
The two indexes also have different scopes. Unlike the CPI, the PCE includes spending done on behalf of consumers. One common example is medical spending. The CPI takes into account only what a ...
The PCE index and other inflation yardsticks, such as the Consumer Price Index, measure the change in prices over time of a typical basket of goods and services. The January numbers match ...
"The CPI number was not great," Goolsbee said at a Chamber of Commerce event in Chicago. "The PCE number ... is probably going to still be not great, but it's not (going to be) as sobering as the ...
For the 2nd month in a row, the market's reaction to a CPI/PPI report ended up being less about the report itself and more about its implications for the more highly regarded PCE inflation data.
Unlike the Consumer Price Index (CPI), the PCE adjusts for shifts in buying behavior, making it a dynamic and often more accurate reflection of inflation trends. The PCE index covers a wide range ...
As anticipated after the CPI release, analysts have upped their expectations for February's core PCE reading to a median ...
Hot CPI inflation data in January suggested “core PCE could be locked in a range of 2.5-3.0%, slightly elevated versus the Fed’s 2% target for PCE inflation,” noted Morningstar senior US ...
(Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said he does not expect the inflation reading the U.S. central bank uses to set its inflation target to be as "sobering ...
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