When most investors think about inflation, they think about the Consumer Price Index. But for the Federal Reserve’s decisions on interest rates, another government report looms larger: the Personal ...

The January core PCE data spiked by 0.5%, after the revision - that's significant. The February core PCE confirms that inflationary pressures are building. Thus, the Fed is unlikely to cut in June, ...

Analysts expect the April headline PCE to rise by 0.3% m/m and 2.7% y/y, potentially pushing the Fed further from its 2% inflation target. Core PCE is also expected to rise by 0.3% m/m and 2.8% y/y, ...