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Fed's go-to inflation gauge cooled
Fed's favored inflation gauge showed price growth continued to slow in September
An
inflation
gauge closely watched by Federal Reserve policymakers continued to
slow
in September, as the pace of price growth ... while the core PCE was little changed from a month ago.
US
ECONOMY GREW 2.8% IN THE THIRD QUARTER, SLOWER THAN EXPECTED ...
The Fed’s favorite inflation index just cooled again
Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.
Inflation Cools Again in September, Strengthening Case for Another Interest Rate Cut
Inflation numbers cooled again in September, reinforcing expectations of another interest rate cut at next week's Federal Reserve meeting. The Fed's preferred inflation indicator rose 2.1% annually in September,
2d
Federal Reserve Has Another Reason to Take It Slow
The Federal Reserve’s preferred measure, however, posted its biggest monthly gain since April, bolstering the case for a ...
2d
on MSN
Why are consumers pessimistic about the economy while inflation is cooling?
American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy ...
The Associated Press on MSN
2d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
“It's essentially the soft landing that many of
us
dreamed of,” said Gregory Daco ... Fed to cut its key rate by an outsize ...
The Associated Press - Business News on MSN
2d
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...
3d
on MSN
Personal saving sinks and economic growth slows in last GDP report before election
Personal saving was $1.04 trillion in the third-quarter, down slightly from $1.13 trillion in the second-quarter, while the ...
Markets Insider on MSN
14h
Inflation isn't going anywhere, and higher rates could spark a 12% downturn for stocks in the coming year, veteran strategist says
Steep rate cuts aren't coming, according to one market veteran who sees a double-digit decline ahead for stocks.
3d
on MSN
America’s economy just achieved the rare feat of a soft landing
The US economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the ...
3d
on MSN
US economy grew 2.8% in the third quarter, slower than expected
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday.
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