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Fed’s favored inflation gauge accelerates slightly in August
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from a 2.6% year-over-year increase in July and most since February. Excluding volatile food and energy prices, so-called core PCE inflation showed a 2.9% increase in prices from August 2024, same as in July. The increases were what forecasters had expected. Inflation has come down since rising prices prompted the Fed to raise its benchmark interest rate 11 times ... (full story)
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Personal income increased $95.7 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $86.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $129.2 billion (0.6 ...
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From ecb.europa.eu | Sep 26, 2025
Compared with July 2025: median consumer perceptions of inflation over the previous 12 months remained unchanged, as did median expectations for inflation three years ahead, while there was an increase in median inflation expectations for the next 12 months and a slight increase in median expectations for five years ahead; expectations for nominal income ...
