The PCE Price Index ("PCEPI"), a measure of consumer prices which is closely followed by the U.S. Fed, indicated inflation of 0.26% during April 2024, accelerating by -0.08% compared to the ...

Core PCE subtracting food and energy prices, rose 0.2% month to month, less than the forecast repeat of March's 0.3% rise. In the 12 months to April the core index rose 2.8%, the same as expected ...

Excluding food and energy, the PCE price index increased 2.8% from one year ago." Friday's BEA report said personal income increased 0.3% in April or $65.3 billion.

Analysts expect the April headline PCE to rise by 0.3% m/m and 2.7% y/y, potentially pushing the Fed further from its 2% inflation target. Core PCE is also expected to rise by 0.3% m/m and 2.8% y ...

In April, the year-on-year change in the PCE was 2.7%, exactly the same as it had been in March. And year-on-year PCE excluding food and energy — the Fed's preferred measure — was 2.8%, also ...

The Federal Reserve's preferred measure of inflation continued to inch toward its 2% target last month, but the impact of higher tariffs have yet to reflect meaningfully in government data. The ...

A PCE reading at the expected 0.3% for April, will be "too high for (Fed) comfort," says a team at ING led by Padhraic Garvey. They point out that the average forecast is running at about 0.26% ...

The personal-consumption expenditures, or PCE, price index for April will be published at 8:30 a.m. ET as part of the Bureau of Economic Analysis’ personal income and outlays report.