/ economics
PCE Inflation Unchanged at 2.7% in April, SPX and DJIA Gain
US PCE inflation remained unchanged at 2.7% anually in April, increasing 0.3% on a monthly basis.
May 31, 2024Inflation Persists as Consumer Price Index Rises in March, Up 0.4%
Inflation persisted in March as the Consumer Price Index rose 0.4% month-over-month and 3.5% year-over-year, surpassing expectations.
April 10, 2024Market Reacts Positively as US PCE Inflation Hits Forecast Numbers
In January, the personal consumption expenditures (PCE) price index, a critical measure of inflation monitored by the Federal Reserve, aligned with analysts' projections.
February 29, 2024Small Businesses Lead Hiring Spree: 3.67M Jobs Added Since Feb 2020
The hiring surge by small businesses could force the Fed to continue raising rates.
January 26, 2023