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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.
3d
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.
cfodive
2d
Inflation accelerates as Fed officials view easing with caution
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target ...
UPI
3d
Fed says it believes inflation will continue to fall; possible rate cuts ahead
While they appeared open to further interest rate cuts, the
Fed
governors did not indicate when and by how much. "Members concurred that
inflation
had made progress toward the committee's 2% ...
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 ...
2d
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 ...
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 ...
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