Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday.
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.
Fed inflation gauge ticked higher in October amid consumer spending boost
Markets focus on the core PCE inflation reading, which the Fed considers a more accurate representation of overall price pressures, as it incorporates changes in consumer spending
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.
US inflation gauge ticks higher with price pressures still stubborn
According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3 percent in October from a year earlier, the Commerce Department said Wednesday.
The Fed’s Favorite Inflation Measure Sped Up in October
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
U.S. inflation gauge ticks higher with price pressures remaining stubborn
U.S. inflation gauge ticks higher with price pressures remaining stubborn.
Inflation ticks up to 2.3% in Fed’s preferred gauge
Inflation rose two-tenths of a percentage point to 2.3% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the Federal Reserve’s preferred gauge. The rise in the personal consumption expenditures index from 2.
The Fed is Losing the Inflation Battle. Investors Don’t Care
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Trump Should Challenge the Fed’s Policies
An independent agency of government shouldn’t have such enormous power to skew financial outcomes.
Fed says it believes inflation will continue to fall; possible rate cuts ahead
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are ...
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 ...
The Fed's Preferred Inflation Measure Remains Stubbornly High
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...
Fed cites volatility, uncertainty as reasons to go slow on rate cuts
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut ...
Fed's Goolsbee makes case for lower interest rates
Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and ...
Stock Market Today: Dow, S&P 500 end at records after Fed minutes as investors shake off Trump tariff pledge
Traders shouldn’t bet on another year of double-digit gains for U.S. stocks in 2025, analyst warns.
Gold dips on firm dollar, inflation data sparks caution on Fed rate cuts
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...