Page 13 - Pce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

people are throwing questions at him left and right. think about the number of hours he's gone just for these 90 minutes. i have dealt with this man when he was a senator, when he was a vice president, and when he was president. and i will tell you he's not the same person he was before, so let's not lower expectations. he's going to be prepared. the best he's ever going to be prepared, so what america needs to judge is this is joe biden at his very top. >> after previously attacking president biden for his mental acuity former house speaker kevin mccarthy is now warning against lowe...

and interest rates are not budging. one rate cut this year, it hasn't happened yet. welcome everybody, i'm neil cavuto. rustica yearly, how all of this is playing out. >> is like christmas morning for economists. he got the fed decision and the ci reading all in one day be! now rates remain unchanged for now, but the messaging did provide something to chew on. rismond to bring it down to the cpi report and then want to give him -- it give you his reaction to it. cpi headline numbers came lightly cooler than expected, looking for yearly up 3.4 percent, that came in at 3.. month over m...

Right now. a key inflation report follows, it's kind of holding its own. still well above the 2% bowl of the federal reserve, but -- goal of the federal reserve. the trend is their friend, and donald trump has all these legal issues. when that's a winning argument -- whether that's a winning argument, we'll find out november 5th. madeleine rivera to pig it apar. >> reporter: for a lot of people, the economy will still be the deciding factor in who they choose for the white house. this fox news poll shows last month 14th otter registered -- 4% of registered voters see it as so important, it alo...

Previous month. that is down from 0.3% in march. >> the year-over-year numbers kind of look like they're improving. but if you look at the most recent few months, it extrapolates that inflation is up running between 4-5% annually, well above the fed's target. >> reporter: one of the biggest takeaways from the pce report may be the personal saving rate, the percentage of disposable income people save. it's 3.6%. for comparison, it was 8.2% in february 2020 before the pandemic hit. the biden administration says the data shows progress in bringing down inflation, but they acknowledge more work st...

Inflation. as far from over on friday, the commerce department releases april pce report and it's this inflation data that the federal reserve watches especially closely in the report show that an april the pce price index rose 2.7% from a a year ago and rose 0.3% on a monthly basis. now food prices, while they did fall, but gas prices ticked up for the month by more than 1%. but if you strip away both of those categories, food and energy, you get what's called core inflation. and this is seen as a better indicator of underlying inflation an annual core pce rose 2.8%, which is what wall street...