Page 9 - Pce News Today

Annual core PCE inflation, which measures the year-over-year change in Americans’ personal consumption expenditures, is the Federal Reserve’s preferred inflation measure.

Gold prices set new all-time highs in all major currencies on Thursday, going into the long Easter weekend for global bullion markets above $2200 per ounce as analysts looked to tomorrows PCE inflation data for signals on US Fed interest rates

The FOMC will set interest rates again on May 1. Rates are not expected to change, but a summer cut could be coming.

US PCE data suggest price pressures are easing, while investors await comments from Fed officials

KUALA LUMPUR: The ringgit was slightly lower against the US dollar at Friday's closing, although sentiment towards the local currency remains favourable, as Bank Negara Malaysia (BNM) has said firmly that the ringgit is undervalued.

The reading comes as market expectations dwindle for growth-friendly interest rate cuts.

If the current pace of price momentum continues, it is likely that both core PCE and CPI inflation could bottom out soon and can compel upward revisions in the Fed’s inflation projections once again.

Mumbai, The rupee turned flat at 82.89 against the US dollar in early trade on Wednesday, resisting pressure amid unabated outflow of foreign funds and increased

The difference between rural and urban monthly per capita consumption expenditure (MPCE) to rural MPCE is now at 71.2 per cent, a rapid decline from 88.2 per cent in 2009-10

Virgin Galactic (SPCE) concluded the recent trading session at $1.65, signifying a -1.2% move from its prior day's close.