The July Personal Consumption Expenditures (PCE) inflation data, which is closely watched by the Federal Reserve, came in slightly below expectations. The headline PCE inflation […]
Tag: inflation report
US Inflation Drops to 2.9%, Lower Than Expected
July US Inflation Data: – Consumer Price Index (CPI): – Year-on-Year (YoY): 2.9% (Expected: 3%) – Month-on-Month (MoM): 0.2% (Expected: 0.2%) – Core CPI (excluding […]
June U.S. PCE Inflation Data: Core Inflation Matches Estimates, Market Anticipates Fed Rate Hold and Cuts
In June, the Personal Consumption Expenditures (PCE) inflation rate was reported at 2.6%, surpassing the expected 2.5%. At the same time, Core PCE inflation, which […]