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US Fed's favored inflation gauge ticks up
Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
Fed’s Favored Inflation Metric Ticked Up To 6-Month High In October
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price increases continue to plague consumers.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
29m
The economy could see higher inflation and slower growth when Trump takes office, 'Dr. Doom' economist Nouriel Roubini says
Inflation could rise as high as 5% as Trump enacts his economic policies, "Dr. Doom" Nouriel Roubini said.
1d
on MSN
Inflation rate climbs for the first time since the summer. Fed weighs how much to cut rates.
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick ...
23h
on MSN
U.S. inflation inches up. Will Fed hold steady on interest rates?
Price increases on consumer goods and services moved up last month but most economists believe the Fed will assess a year-end ...
23h
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
1d
on MSN
Fed’s preferred inflation gauge ticked higher to 2.8% — stoking doubts on December rate cut
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
9h
US Consumer Price Increases Accelerated Last Month With Inflation Pressures Resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
5d
Fed survey finds inflation fading as a risk next to debt, trade wars
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
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