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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.
https//beincrypto.com
14h
3 US Economic Events That Could Impact Crypto Market This Week
US economic events like CPI, PPI, and jobless claims could significantly impact crypto markets and Bitcoin this week.
4d
US Weekly Jobless Claims Increase Modestly To 225K
Weekly Initial Jobless Claims for the week ending September 28 were 225,000, an increase of 6,000 from the previous week’s ...
Reuters
10d
Latest inflation data could boost case for more big Fed rate cuts
"The faster
inflation
cools
, the more impetus there is for them to move faster." The Fed's next policy meeting is on Nov.
9d
Inflation leaves gap between consumer perceptions, economic reality
Anger over inflation is outlasting the inflation itself, according to the most recent economic data. Consumer prices across ...
KFGO
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 ...
10d
Pound Sterling reclaims 1.3400 on soft US PCE inflation
The Pound Sterling recovers above the key resistance of 1.3400 against the US Dollar in North American trading hours. The GBP ...
ジャパンタイムズ
10d
Tokyo inflation cools as government resumes energy subsidies
The government's energy subsidies were the biggest factors behind the deceleration, knocking 0.5 percentage point off overall ...
10d
US consumer spending resilient; inflation continues to abate
U.S. consumer spending increased moderately in August, suggesting the economy retained some of its solid momentum in the ...
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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