June 25, 2021 | Daily JAM, Morning Briefing |
The Personal Consumption Expenditures index, the Federal Reserve’s preferred inflation measure rose 0.4% in May to an increase of 3.9% from May 2020. The core rate, which excludes food and energy prices, climbed at a 3.4% rate from May 2020. That was the highest annual rate since 1991.
March 26, 2021 | Daily JAM, Morning Briefing |
The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index fell 0.2% month to month in February from January. That was below economist expectations of a 0.5% month to month gain. On a year over year basis, the headline PCE Price Index climbed 1.6%, according to the U.S. Bureau of Economic Analysis. That was in line with economists’s projections.
July 31, 2018 | Daily JAM, Mid Term |
The Personal Consumption Expenditures price index for June climbed 0.1% at both the headline and core (excluding food and energy prices) levels. That was a tad lower than the 0.2% increase expected by economists surveyed by Briefing.com. (The PCE index is the Federal...