The PCE deflator is a better measure than the CPI because the weightings of its components are dynamically adjusted to account for changes in consumer behavior. Note that durable and non-durable goods ...
The bond market has a bone to pick with the latest inflation data. Traders in bonds "so far shrugged off this morning’s cool PPI" and remain "more focused on the less-encouraging implications for the ...
Wall Street's major averages moved lower on Friday as the core PCE came in slightly hotter than expected. Early on and the S&P 500 (SP500) was -1.2%, the Nasdaq Composite (COMP:IND) was-1.7%, and the ...
Friday brings another glimpse into how much of an issue inflation is in the U.S. economy. The PCE price index is expected to tick up 0.1% M/M in April vs. flat in March, according to the consensus of ...