CBS News on MSN4d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point ...
Not Only Would Banks Not Cause Inflation, They Could Not Cause It
It’s so easily forgotten that banks earn dollars. This is important in light of the truth about actual inflation: it’s a ...
Marketplace5d
The Fed’s about to get its preferred measure of inflation. Here’s what it could mean.
The personal consumption expenditures index, or PCE, could come in at the central bank's much-vaunted target of 2% inflation.
Despite sharp decline, inflation remains a sore point for Harris
After two recessions, a period of punishing interest rates imposed by the Fed and its firmer commitment to inflation control, price increases gradually settled close to the 2% level the central ...
Investors are counting on Jay Powell to keep Fed rate cut plans on track
The Fed is poised to cut rates by a quarter point this week despite some signs of stubborn inflation and mixed signals about ...
The Associated Press on MSN4d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
That is barely above the Fed's 2% inflation target and in line with readings in 2018, well before prices began surging ...
AgWeb7h
Malanga: Strong GDP Growth Amid Inflation, Fed Rate Cuts Expected but Fiscal Concerns Loom
The Fed, which has traditionally stayed clear of fiscal policies ... Malanga’s bottom line: The sustainability of the ...
The Fed’s favorite inflation index just cooled again
Inflation is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, ...
Fed's favored inflation gauge showed price growth continued to slow in September
An inflation gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price ...
Fed's Key Inflation Metric Falls to Lowest Level Since 2021
A key inflation metric that the Federal Reserve closely watches has fallen to its lowest level since early 2021. On Thursday, ...