Personal Consumption Expenditures Price Index news and trends

Interviews & Exclusives
Consumers Cool on Spending Even as Inflation Slows

February 29, 2024
The headlines Thursday (Feb. 29) trumpet the fact that inflation rose in January at the rate most people expected — by 3% month on month. The Personal Consumption Expenditures (PCE) price index is parsed by Wall Street and by the Federal Reserve in mulling when, and by how much, interest rates might be cut in […]