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Inflation as measured by the PCE price index, rose 2.6% in July, according to economists' forecast. Above, a grocery store in Houston. (Brandon Bell/Getty Images) The Fed’s preferred inflation ...

Aug. 30 (UPI) --The personal consumption expenditures index, the Federal Reserve's preferred inflation gauge rose in line ...

Personal consumption expenditures (PCE), also known as consumer spending, is a measure of the spending on goods and services by people of the United States. According to the Bureau of Economic ...

The PCE price index, the Fed’s preferred inflation gauge, is set for release, with economists expecting a 0.2% rise at both the headline and core level. Steven Goldstein is based in London and ...

Economists’ consensus forecast calls for a 0.1% rise in the PCE price index in June, according to FactSet, following virtually no change in May and monthly gains of 0.3% in February, March, and ...

Friday’s PCE report is set to reinforce the expectation that a first rate cut is imminent, but it may not provide much clarity on how fast and how far the Fed will ease: market analysts ...

At a very basic level, the CPI is constructed by the Bureau of Labor Statistics (BLS), while the PCE is made by the Bureau of ...

The personal consumption expenditures price index (PCE), the Fed’s preferred measure of inflation, showed that the rate at which prices rose for goods and services last month was 2.2% — below ...