Hosted on MSN15d
Fed’s preferred inflation gauge ticked higher to 2.8% — stoking doubts on December rate cut
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly ...
Bloomberg L.P.15d
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.
Bloomberg on MSN17d
Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve ...
NBC Washington16d
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0. ... up about 100 points though the S&P 500 and Nasdaq Composite ...
Yahoo Finance17d
Fed's preferred inflation gauge highlights holiday-shortened trading week: What to know this week
Markets will be closed on Thursday for Thanksgiving, and Friday's trading session will end early at 1 p.m. ET. Recent sticky inflation readings have raised questions about whether the Fed will ...
Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second ...
Key Fed inflation gauge shows PCE 'going sideways'
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...