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Another blow to September Fed rate cut hopes after stubborn PCE inflation data

The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this ...

US PCE inflation continues rising in line with Fed expectations

PCE headline and core inflation rose again in June relative to upwardly revised figures in May and April. A month ago, core PCE inflation was recorded as 2.57 and 2.67 per cent for these two months ...

June PCE: Inflation Reaccelerates Despite Tepid Spending And Income Gains

June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...

Bitcoin, Ethereum, XRP tumble on shocking inflation report

The crypto market immediately dipped in reaction to the news. Ethereum fell 0.16% in an hour to $3,829.22 and XRP fell 0.95% ...

Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
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Key Fed Inflation Rate Overshoots As Layoffs Jump; S&P 500 Climbs (Live Coverage)

The Federal Reserve's primary inflation gauge, the core PCE price index, rose more than expected in June. The hurdle to a Fed ...

As the Fed Meets, Here’s Where Inflation Stands

The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...