News

Core PCE Inflation Runs a Touch Hot, Dimming Hopes for September Rate Cut
The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
Another blow to September Fed rate cut hopes after stubborn PCE inflation data
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
PCE inflation came in hot for June. Here's why investors didn't really care.
Bret Kenwell, U.S. investment analyst at eToro, shared the following comments about Thursday's PCE price index reading for June, which reflected an acceleration in inflationary pressures last month.
Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap
September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this ...
June PCE: Inflation Reaccelerates Despite Tepid Spending And Income Gains
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
Bitcoin, Ethereum, XRP tumble on shocking inflation report
The crypto market immediately dipped in reaction to the news. Ethereum fell 0.16% in an hour to $3,829.22 and XRP fell 0.95% ...
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Key Fed Inflation Rate Overshoots As Layoffs Jump; S&P 500 Climbs (Live Coverage)
The Federal Reserve's primary inflation gauge, the core PCE price index, rose more than expected in June. The hurdle to a Fed ...
As the Fed Meets, Here’s Where Inflation Stands
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...