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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
August US PCE inflation cools to within reach of Fed target
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday. Economists had forecast PCE inflation advancing 0.
Fed's preferred inflation gauge - core PCE - cools further in August
Analysis of August's Core PCE Price Index, PCE Price Index, Personal Income, and Personal Outlays data compared to expectations and prior figures.
August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, and beating Wall Street forecasts.
Marketplace
2d
Inflation is coming down, but prices won’t
Inflation may be coming down, but that doesn't necessarily mean consumers will feel a tangible change in prices.
4d
US Weekly Jobless Claims Increase Modestly To 225K
Initial Jobless Claims for the week ending September 28 were 225,000, an increase of 6,000 from the previous week’s revised ...
devdiscourse
10d
Dollar Weakens as U.S. Inflation Cools; Yen Strengthens on Japanese Political Shift
The dollar weakened after U.S. inflation data showed cooling price pressures. The yen strengthened against the dollar ...
6d
IDV: Macroeconomic Environment Is Now Favorable (Rating Upgrade)
IDV ETF's portfolio of high-yielding dividend stocks in developed markets is well-positioned to benefit from lower rate ...
KELO
3d
Fed seen slowing rate cut pace after strong US jobs data
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest ...
9d
Costco profit beats estimates amid moderating inflation
As inflation cools, shoppers are purchasing more non-foods items, Chief Financial Officer Gary Millerchip said Thursday on a ...
CNET
11d
This Quick Trick Cools My Bedroom Without Blasting the AC
Air conditioning uses a lot of power, and that can strain the grid and your wallet. Here's how I use cross-ventilation to ...
6d
US watchdog issues warning to medical debt collectors
The top U.S. consumer financial watchdog on Tuesday warned medical debt collectors they face enforcement action by federal regulators if they illegally attempt to collect on inaccurate or legally ...
1d
on MSN
What a hot job market means for inflation
The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool.
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