PCE

PCE stands for Personal Consumption Expenditures, an inflation gauge that measures the change in prices of goods and services purchased by consumers. It is the Federal Reserve's preferred measure for tracking inflation and making monetary policy decisions.

Why it’s in the news: It is in the news because the latest PCE data showed inflation falling for the first time since the pandemic, signaling a potential shift in the Federal Reserve's interest rate policy.

Latest on PCE

• U.S. Dollar Edges Higher Ahead of PCE Data, Jackson Hole
• Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead
• Fed-favored PCE inflation gauge falls for first time since pandemic. The danger is far from over.
• Why the 4.1% PCE inflation print just turned crypto into a high beta risk asset
• Bitcoin derivatives signal panic. A weak core PCE reading could trigger snapback.
• Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.

Connections

2 entities linked to PCE across the news graph.