UNITED STATES - The latest November PCE Price Index report, released on December 20, 2024, revealed cooler-than-expected inflation data, sending positive s

The BEA said personal income and consumer spending rose in May 2026 while PCE inflation remained elevated, keeping rate risk in focus.

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PCE inflation stayed high while real consumption barely moved and real disposable income rose, leaving the Fed with a persistence question.

Amid broader market turbulence, Apple shares rose approximately 3 percent in midday trading on July 28, bringing the company's market capitalization to $5

Core PCE rose ~0.3% m/m in March 2026, the third straight monthly increase (BEA/MarketWatch, Apr 9, 2026), raising the odds of a higher-for-longer Fed stance.

Read the full story at No Spin Media.

YouTube video by Quick Global News

KUALA LUMPUR, May 23 (Bernama) — The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading week. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said that next week, the focus would be on the United States’ personal consumption expenditures (PCE) inflation data for April. “It seems the PCE is likely to be on the high side in light of the elevated petrol prices during April. In addition, it is a holiday-shortened week following the Aidiadha celebration on Wednesday. “Hence, ringgit will maintain […]