U.S. PCE Price Index Increases In Line With Estimates In August

RTTNews | vor 4Std 51 Minuten
U.S. PCE Price Index Increases In Line With Estimates In August

(RTTNews) - The Commerce Department released a report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of August.

The report said the personal consumption expenditures (PCE) price index climbed by 0.3 percent in August after rising by 0.2 percent in July. The price growth matched expectations.

The annual rate of growth by the PCE price index ticked up to 2.7 percent in August from 2.6 percent in July, which was also in line with estimates.

Excluding food and energy prices, the core PCE price index rose by 0.2 percent in August, matching a revised increase in July as well as expectations.

The annual rate of growth by the core PCE price index came in at 2.9 percent in August, unchanged from July an in line with estimates.

The Federal Reserve's preferred readings on consumer price inflation were included in the Commerce Department's report on personal income and spending.

The report said personal income climbed by 0.4 percent in August, matching the increase seen in July, while personal spending grew by 0.6 percent in August after rising by 0.5 percent in July.

read more
U.S. Consumer Sentiment Declines Slightly More Than Initially Estimated In September

U.S. Consumer Sentiment Declines Slightly More Than Initially Estimated In September

Consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of September, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for September was downwardly revised to 55.1 from a preliminary ready of 55.4.
RTTNews | vor 3Std 14 Minuten
U.S. Consumer Price Growth Matches Estimates In August

U.S. Consumer Price Growth Matches Estimates In August

The Commerce Department released a report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of August. The report said the personal consumption expenditures (PCE) price index climbed by 0.3 percent in August after rising by 0.2 percent in July. The price growth matched expectations.
RTTNews | vor 3Std 37 Minuten
Fed's Schmid Says Current Policy Stance Only Slightly Restrictive

Fed's Schmid Says Current Policy Stance Only Slightly Restrictive

Kansas City Fed President and CEO Jeffrey Schmid, who supported the latest Federal Reserve rate cut, said on Thursday that the current policy stance was appropriate to strike a balance between maintaining price stability and as an insurance against any substantial weakening in the labor market in the coming months.
RTTNews | vor 22Std 4 Minuten
U.S. Existing Home Sales Dip Much Less Than Expected In August

U.S. Existing Home Sales Dip Much Less Than Expected In August

Existing home sales in the U.S. saw a modest pullback in the month of August, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales dipped by 0.2 percent to an annual rate of 4.00 million in August after jumping by 2.0 percent to an annual rate of 4.01 million in July. Economists had expected existing home sales to slump by 1.3 percent.
RTTNews | vor 1 Tagen
U.S. GDP Surges 3.8% In Q2, Much More Than Previously Estimated

U.S. GDP Surges 3.8% In Q2, Much More Than Previously Estimated

Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025. The report said real gross domestic product spiked by 3.8 percent in the second quarter compared to the previously reported 3.3 percent surge. Economists had expected the pace of GDP growth to be unrevised.
RTTNews | vor 1 Tagen
U.S. Durable Goods Orders Unexpectedly Rebound In August

U.S. Durable Goods Orders Unexpectedly Rebound In August

After reporting a sharp pullback by new orders for U.S. manufactured durable goods over the two previous months, the Commerce Department released a report on Thursday unexpectedly showing a significant rebound by durable goods orders in the month of August. The Commerce Department said durable goods orders shot up by 2.9 percent in August after tumbling by a revised 2.7 percent in July.
RTTNews | vor 1 Tagen
U.S. Weekly Jobless Claims Unexpectedly Decrease To Two-Month Low

U.S. Weekly Jobless Claims Unexpectedly Decrease To Two-Month Low

A report released by the Labor Department on Thursday unexpectedly showed an extended pullback by first-time claims for U.S. unemployment benefits in the week ended September 20th. The Labor Department said initial jobless claims fell to 218,000, a decrease of 14,000 from the previous week's revised level of 232,000. Economists had expected jobless claims to inch up to 235,000.
RTTNews | vor 1 Tagen