tldrdailynews.com logo
Tag

Pce Inflation

All articles tagged with #pce inflation

Micron’s Earnings Spark AI Rally; Inflation Signals Keep Fed Hikes in Play as Dow Climbs and Nasdaq Dips
markets23 days ago

Micron’s Earnings Spark AI Rally; Inflation Signals Keep Fed Hikes in Play as Dow Climbs and Nasdaq Dips

U.S. stocks rose on Micron’s blowout results and AI optimism, with the Dow up about 1.4% and the S&P 500 roughly 0.5% higher, while the Nasdaq slipped about 0.2% as investors rotated out of Big Tech after Qualcomm forecast stronger data-center revenue; May PCE inflation rose 4.1% year over year (0.4% month over month, core 3.4%), keeping the debate over Fed rate moves alive. Oil prices eased, global chip stocks rallied on Micron’s strength, and headlines around Nvidia, Alibaba and AI developments added mixed signals to the market backdrop.

via Yahoo Finance UK|
#big-tech#dow-jones-industrial-average#markets
May PCE Core Inflation Climbs to 3.4%, Keeping Fed on Inflation Watch
economy23 days ago

May PCE Core Inflation Climbs to 3.4%, Keeping Fed on Inflation Watch

The May 2026 PCE report shows the Fed’s preferred core inflation at 3.4% year-over-year (up 0.3% for May) and all-items inflation at 4.1% (up 0.4% for the month), with consumer spending rising 0.7% and personal income up 0.7%. GDP grew at a 2.1% annualized rate in Q1, while initial jobless claims fell to 215,000. The data underscore persistent inflation pressures even as growth remains solid, reinforcing the Fed’s cautious-to-hawkish stance on policy.

via CNBC|
#consumer-spending#core-inflation#economy
markets1 month ago

Asia stocks slip as US strikes on Iran spark risk-off ahead of PCE data

Asian stock markets retreated after fresh U.S. strikes on Iran dampened risk appetite ahead of the U.S. PCE inflation report; key indices eased in Japan, Hong Kong, and China (Nikkei 225 down ~0.1%, TOPIX ~0.2% lower, Hang Seng ~-2%, CSI 300 ~-1.1%), with Australia’s ASX 200 also lower. Oil prices rebounded, Brent near $97 and WTI above $90, as energy concerns persisted. Wall Street had closed at record highs previously on hopes of easing Middle East tensions, while traders awaited inflation data that could influence the Fed’s policy path.

via Investing.com|
#asia-stocks#iran#markets
March 2026 PCE: Core inflation steady as energy costs surge and GDP ticks higher
economy2 months ago

March 2026 PCE: Core inflation steady as energy costs surge and GDP ticks higher

March 2026 core PCE rose 0.3% month-over-month (3.2% year-over-year), with total inflation up 0.7% and 3.5% year-over-year when including energy and food. GDP grew 2.0% annualized in Q1 2026, while unemployment claims fell to 189,000. The Fed kept rates unchanged amid persistent inflation, with four dissents over policy phrasing, as energy costs and goods price pressures remained a key driver of inflation.

via CNBC|
#core-pce#economy#energy-prices
U.S. PCE Inflation Holds at 2.8% as Spending Keeps Economy Expanding
economy5 months ago

U.S. PCE Inflation Holds at 2.8% as Spending Keeps Economy Expanding

U.S. personal consumption expenditures price index rose 0.2% in November, leaving inflation at 2.8% for both headline and core (October was 2.7%), with energy costs up and food flat. Personal income rose modestly, while spending climbed 0.5% in October and November. The saving rate edged up to 3.5% in November. GDP growth for Q3 was revised to 4.4%, and jobless claims remain near two-year lows, signaling continued spending resilience. Investors expect the Fed to hold rates at the upcoming meeting, with futures pricing in up to two rate cuts later this year.

via CNBC|
#bea-data#consumer-spending#economy
economy1 year ago

U.S. Inflation Eases in April Despite Tariff Concerns

The recent PCE inflation data showed minimal month-to-month increases and a further slowdown in annual inflation, driven by unprecedented drops in financial and recreation services indices, which are expected to rebound sharply. The core services inflation remains significant in other categories, and the market-based PCE index indicates a potential acceleration in inflation, with the Federal Reserve likely to address these volatile components in upcoming discussions.

via Wolf Street|
#economy#financial-services#inflation-snap-back
Inflation Pressures Persist as Fed Weighs Next Move
economy1 year ago

Inflation Pressures Persist as Fed Weighs Next Move

The core PCE price index, a key inflation measure for the Federal Reserve, rose 0.3% in October, aligning with forecasts and raising the 12-month core inflation rate to 2.8%. This increase complicates the likelihood of a December rate cut, with market odds for a cut rising to 66.5%. Personal income and spending also saw increases, with income rising 0.6% and spending 0.4%. The S&P 500 dipped slightly following the report, reflecting investor uncertainty about the Fed's next move.

via Investor's Business Daily|
#economy#federal-reserve#interest-rates