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Fed's Preferred Inflation Measure Remains Stubbornly High
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.
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 an economic downturn. The data hasn't cooperated. Over the 12 months through October,
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.
1d
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.
2d
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 ...
2d
Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress
JPMorgan's global equity strategy team led by Dubravko Lakos-Bujas sees the S&P 500 ( ^GSPC) hitting 6,500 by the end of 2025 ...
3d
Stock Market Today: Dow Futures Waver, Bond Yields Fall Ahead of PCE Inflation Report
The Federal Reserve's favored inflation gauge is due this morning ...
7d
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 ...
3d
Stock futures are little changed as Wall Street awaits Fed's preferred inflation reading: Live updates
U.S. stock futures opened little changed on Tuesday night as traders await the release of the Federal Reserve's favorite ...
3d
on MSN
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
2d
on MSN
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 ...
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