PCE

US Treasury yields hold steady ahead of fed rate decision, PCE inflation data and key US economic reports this week

by
US Treasury yields hold steady ahead of the Federal Reserve rate decision and key inflation data.

US Treasury yields remained mostly steady on Monday as investors prepared for the Federal Reserve’s interest rate decision and several important economic reports due this week. Investors are watching these updates to understand the direction of US interest rates and the economy. US Treasury yields hold steady ahead of the Federal Reserve rate decision and … Read more

PCE inflation rises 0.3%: What latest US inflation data means for Fed’s next rate hike

by
US PCE inflation rises 0.3% in August as Fed weighs its next rate move (Representative Image/Unsplash)

US inflation data showed mixed signals in August, with the overall Personal Consumption Expenditures (PCE) price index rising 0.3% month-on-month and 3.4% year-on-year. The 0.3% monthly rise in overall PCE inflation was below economists’ expectations. In July, the overall PCE measure had increased 0.1% from the previous month. US PCE inflation rises 0.3% in August … Read more