PCE shows biggest rise in U.S. inflation in four months

PCE shows biggest rise in U.S. inflation in four months

Based on the Federal Reserve’s preferred PCE gauge, inflation rose in January at the fastest pace in four months, in a sign that price pressures might not return to low prepandemic levels as quickly as hoped. The PCE index rose 0.3% last month.  Meanwhile,...
Capital Markets U.S. Snapshot

Capital Markets U.S. Snapshot

Q3 2023 Investment sales volume continues to face pressure. Numbers are down more than 50% compared to last year’s Q3, and activity fell from Q2. Heading into Q4, uncertainty is the theme. During the third quarter, the U.S. Government’s unsettled funding caused...