ABA DataBank: Inflation moving away from Fed’s 2% target
ABA economists believe the April data indicates inflationary pressures remain elevated and are moving away from the Fed’s 2% target. ...
Tag: Personal consumption expenditures
ABA DataBank: Food and energy contribute to higher PCE
ABA economists believe this PCE release highlights renewed inflation concerns and increased risks of higher interest rates. For banks, higher ...
ABA DataBank: PCE inflation in line with expectations in February
Higher price growth will keep pressuring margins and weakening overall profitability for both financial services and their clients, as rising ...
ABA DataBank: PCE inflation surprises to the upside in December
Inflation may be more persistent than previously thought, posing several challenges for the banking industry as higher prices pressure margins ...
November PCE Price Index comes in line with expectations
With PCE inflation closer to 3% than the Fed’s target of 2%, affordability will continue to affect consumer sentiment.
