Tag: Personal Consumption Expenditures

00:01:13

Fed Officials Tweak ‘Transitory’ Inflation Narrative, Vow Action If Price Pressures Stay Too High

New documents detailing closed-door discussions at the most recent Federal Reserve policy meeting show officials softening their “transitory” view of inflation, acknowledging...
00:22:02

Key Inflation Gauge Posts Fastest Annual Price Gain in 30 Years

The Federal Reserve’s preferred inflation gauge, the so-called core personal consumption expenditures (PCE) price index, vaulted in the 12 months through July to...
00:02:00

Core Consumer Price Inflation Soars to Levels Not Seen Since 1992

Consumer prices, excluding the volatile food and energy components, soared well beyond the Federal Reserve’s 2 percent target in...