Forecasts for the June Personal Consumption Expenditures Price Index report show inflation continuing to improve. Falling gas prices are expected to push down the overall reading while moderating ...

July PCE data show core inflation rising to 2.9%, despite lower non-durable goods prices in July, as service inflation accelerates. Consumer incomes increased, led by wage income, which possibly ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in July. The headline index was up 2.6% year-over-year, which was consistent with the forecast and marked a ...

Forecasts for the July Personal Consumption Expenditures Price Index report show another month of encouraging inflation data. This will likely give the Federal Reserve even more confidence that price ...