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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.
12d
on MSN
Here we go again: Egg prices are spiking. Here’s why
Cal-Maine Foods, America’s biggest egg producer, controls about one-fifth of national egg sales following multiple ...
3d
on MSN
Fed seen slowing rate cut pace after strong US jobs data
A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick ...
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 ...
10d
News updates from September 27: Israel says it hit Hizbollah headquarters; Fed’s preferred inflation gauge cools
Israel’s military said it hit Hizbollah’s “main command centre” in Beirut’s southern suburbs on Friday, which it said was ...
18h
on MSN
Morning Bid: US 'no landing' scenario lifts markets
From worries about a U.S. economic "hard landing", the debate has shifted to the potential for a so-called "no landing", ...
10d
Tokyo Inflation Cools as Government Resumes Energy Subsidies
Consumer inflation in Tokyo eased this month after outgoing Prime Minister Fumio Kishida reinstated energy subsidies to help ...
10d
Stock market today: Dow hits fresh record, stocks close out strong week as inflation cools
Stocks traded mixed on Friday but closed the week on a high as investors embraced an inflation report seen as crucial to the ...
Business Times
11d
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing ...
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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