The Personal Consumption Expenditures (PCE) price index tracks how much Americans pay for goods and services, making it the Federal Reserve's preferred inflation gauge. It captures spending shifts and includes a broader range of items than CPI. Policymakers use it to set interest rates, while investors and businesses rely on it for economic planning.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends