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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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From statcan.gc.ca|Sep 26, 2025|4 commentsReal gross domestic product (GDP) grew 0.2% in July, after edging down (-0.1%) in June. The first increase in four months was predominantly driven by expansion in the ...
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From youtube.com/petersoninstitute|Sep 26, 2025Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, shares his perspective on where the US economy stands today and where it may be headed, considering both ...
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