Key Inflation Rate Hits 2.1% in September, Closing in on Fed Target
Inflation rose slightly in September, according to a U.S. Bureau of Economic Analysis report released October 31. The Personal Consumption ...
Tag: Bureau of Economic Analysis
Potential Rate Cut in September Still in Play After June Inflation Report
The personal consumption expenditures price index (PCE) increased 0.1% in June (slightly up from May’s 0% monthly change) and was ...
Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption ...
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a ...
With New Inflation Data Glum, Lower Mortgage Rates May Have to Wait
Hopes for lower mortgage rates soon were tempered Friday as inflation showed little signs of easing in March, with a ...
Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to ...
U.S. Economic Growth Defies Expectations in Third Quarter
Real gross domestic product (GDP), the most accurate measure of a country’s broad economic growth, defied expectations in the third ...
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