US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all meeting consensus, while personal income and spending came in marginally higher. The ...

The reading likely will reinforce policymakers’ cautious stance on rate cuts.

Markets never really broke into positive territory today, coming off mixed performances from Europe and Asia early in the day. We’ve also sort of run out of near-term catalysts for a refreshment to ...

Treasury yields were down slightly Friday morning, little changed after fresh data from the Federal Reserve’s preferred inflation gauge showed inflation in August matched Wall Street’s expectations.

The Fed’s preferred inflation gauge edged up mostly in line with economists’ expectations in September, likely paving the way for the Federal Reserve to cut interest rates next week. The core personal ...

Fed chief Jerome Powell said the central bank's economists predict the PCE index will show a 2.9% increase in the 12 months ...

Federal Reserve officials will eye a delayed reading of their favored inflation reading this morning. Economists polled by The Wall Street Journal project the personal-consumption expenditures price ...