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3232Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats
https://www.digit.info/feds-key-inflation-gauge-jumps-0-5-in-september-americas-rising-costs-to-punish-democrats/
Sun, 30 Oct 2022 16:30:14 +0000https://www.digit.info/2022/10/30/feds-key-inflation-gauge-jumps-0-5-in-september-americas-rising-costs-to-punish-democrats/Read more]]>The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct. 28. Meanwhile, markets expect with near-certainty that the Federal Reserve will codify its fourth consecutive rate hike by 75 basis points (bps) next month. While […]
]]>US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
https://www.digit.info/us-personal-consumption-expenditures-tap-record-highs-stanford-economist-says-fed-should-increase-rates-above-9/
Sun, 31 Jul 2022 16:30:13 +0000https://www.digit.info/2022/07/31/us-personal-consumption-expenditures-tap-record-highs-stanford-economist-says-fed-should-increase-rates-above-9/Read more]]>On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution and professor of economics, John Cochrane, said the Federal Reserve […]
]]>Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
https://www.digit.info/despite-the-white-house-debate-critics-insist-us-officially-in-a-recession-after-2-consecutive-quarters-of-negative-gdp-growth/
Thu, 28 Jul 2022 15:00:55 +0000https://www.digit.info/2022/07/28/despite-the-white-house-debate-critics-insist-us-officially-in-a-recession-after-2-consecutive-quarters-of-negative-gdp-growth/Read more]]>The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of the principal agencies […]
]]>As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
https://www.digit.info/as-bitcoins-yearly-inflation-rate-dips-to-1-77-bea-data-from-may-shows-us-inflation-fears-are-legitimate/
Mon, 28 Jun 2021 13:30:34 +0000https://www.digit.info/2021/06/28/as-bitcoins-yearly-inflation-rate-dips-to-1-77-bea-data-from-may-shows-us-inflation-fears-are-legitimate/Read more]]>The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core […]
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct. 28. Meanwhile, markets expect with near-certainty that the Federal Reserve will codify its fourth consecutive rate hike by 75 basis points (bps) next month. While […]
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution and professor of economics, John Cochrane, said the Federal Reserve […]
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of the principal agencies […]
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core […]