Tag: Personal Consumption Expenditures Index

Inflation Eases but Remains 300 Percent Above Fed’s Target, New Data Shows

December 2, 2022
Business & Marketseconomic policieseconomyFederal ReserveinflationInvestmentMarketsPersonal Consumption Expenditures Indexpersonal financerecessionUS
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New data shows that U.S. inflation rates have eased but still remain 300 percent above the Federal Reserve’s target. The personal consumption expenditures index (PCE) for October, a measure of inflation that is closely monitored by the Fed, was released on Dec. 1 by the Bureau of Economic Analysis. The central bank is using the headline PCE…

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Key Inflation Gauge Jumps, Investors Ramp Up Bets for a More Aggressive Fed

September 30, 2022
Business & Marketseconomic policieseconomyFederal ReserveinflationPersonal Consumption Expenditures Indexpersonal financerecessionUS
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U.S. inflation rates rose higher than expected in August, as investors expect a more aggressive monetary policy by the Federal Reserve in its efforts to curtail inflation toward the central bank’s preferred target of 2 percent. The keenly watched Personal Consumption Expenditures price index (PCE) was published by the Bureau of Economic Analysis on Sept….

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New Report Says That the Fed May Require 7.5 Percent Unemployment to Lower Inflation

September 9, 2022
Business & Marketseconomic policieseconomyFederal Reserveinflationinterest ratesjerome powellMarketsPersonal Consumption Expenditures IndexrecessionUSUS News
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The U.S. unemployment rate may need to rise almost twice its current level in order to control high inflation, according to a team of researchers from the International Monetary Fund (IMF). The paper, co-authored by IMF economists Daniel Leigh and Prachi Mishra, said that the jobless rate would have to grow from 3.7 percent at…

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