CNBC PCE data was better than expected and we're on path to get inflation to 2%: Chicago Fed's Goolsbee Posted: December 20, 2024 | Last updated: December 20, 2024 Austan Goolsbee, Chicago Fed ...

Due to the stronger-than-expected jobs report, Bank of America economists revised the Fed outlook for this year: “We no ...

The November Personal Consumption Expenditures (PCE) data—the Federal Reserve's preferred gauge of inflation—was released Friday morning, coming in slightly below economists' expectations.

Friday's lower open in U.S. stocks and decline in Treasury yields indicates market participants were taking a bit of a split view on November's PCE inflation data. The morning drop in all three ...

A cut in January would require a potent combination of weak employment data in early January and lower-than-expected core CPI [consumer-price index] and PCE [personal consumption expenditures ...

The S&P 500 jumped 1.1% on Friday, Dec. 20, 2024, as signs of decelerating inflation provided some reassurance heading into ...

Friday’s PCE data will come after the Fed cut interest rates by another 0.25% this week. Analysts expect the pace of cuts to slow in 2025 as progress on inflation slows and the labor market ...

The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...

The day's highlight will be the release of November's Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred measure of inflation. Economists expect the core PCE ...

Gold down 0.9% so far this week U.S. PCE data shows monthly inflation slowed in November Dec 20 (Reuters) - Gold prices extended gains on Friday, supported by a softer dollar and Treasury yields ...

The day's highlight will be the release of November's Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred measure of inflation. Economists expect the core PCE, which ...