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Fed’s Favorite Inflation Gauge Rises More Than Expected In April: Market Expectations Increase For June Interest Rate Hike

By Piero Cingari
May 26, 8:48 AM
The Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation, rose 4.4% year over year in April 2023, up from the 4.2% surge in March and above the expected 4.3% rise, the U.S.

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Fed May Not Be Done Hiking Interest Rates, Missing the Debt Ceiling Deadline Will Cause Disruptions: FOMC Minutes

By Piero Cingari
May 24, 2:23 PM
The minutes of the May 2-3 FOMC meeting revealed uncertainty about how much more policy tightening may be appropriate, with some FOMC participants  warning that a failure to raise the federal debt limit in a timely manner will threaten significant financial system disruptions and lead to 

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