US PCE inflation for September 2024 at 2.1%; just shy of target
PCE inflation for goods in September 2024 was lower at -1.2% compared to -0.9% in August 2024. Within goods, the durable goods showed further improvement from -2.2% to -1.9% while the inflation in non-durable goods dipped sharply by 60 bps from -0.2% to -0.8%. It is down 180 bps in the last 2 months.
CBS News on MSN4d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to ...
Further evidence of disinflation is expected with October’s Consumer Price Index report. However, jobs data will matter more ...
Given that gas and food prices can be quite volatile and heavily influenced by aspects such as weather, war and disease, a ...
(Getty Images) Prices in the U.S. rose modestly in September, but not enough to suggest inflation is rekindling or to ...
Silver’s outlook hinges on PCE inflation data and GDP growth, with rising Fed rate uncertainty poised to drive volatility.
The Federal Reserve is focusing on the PCE headline figure as it tries to bring the pace of price increases back to 2%, ...
U.S. inflation slowed to a yearly rate of 2.1% September and almost hit the Federal Reserve's 2.0% goal, based on the PCE ...
Economists had forecast that the core PCE inflation index would rise 2.6%. The PCE Price Index increased 0.2% from month-ago levels. Excluding food and energy, the index increased 0.3%.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback