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Fed's Preferred Inflation Measure Remains Stubbornly High
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday.
The Fed's Preferred Inflation Measure Remains Stubbornly High
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing an economic downturn. The data hasn't cooperated. Over the 12 months through October,
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
1h
on MSN
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
56m
on MSN
Inflation Is 2.3%, But Stuff Is Still Expensive. Is a Loan the Move This Holiday Season?
Inflation was 2.3% in October, down from where it was two years ago, but stuff is still expensive. If you can’t afford gifts, ...
48m
on MSN
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would ...
2h
on MSN
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
4h
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
3h
Nasdaq leads Wall St declines as tech stocks slump after inflation data
Wall Street's main indexes fell on Wednesday, with the Nasdaq leading declines as technology stocks slumped ahead of the ...
3h
on MSN
Big Tech Losses Pull US Stock Market Down as Inflation Gauge Ticks Higher
Wall Street experienced a rocky Wednesday morning as losses in Big Tech stocks countered broader market gains as a key ...
3h
Key inflation metric rises 0.2% in October, 2.3% annually, in line with expectations
Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate ...
LIVE
2h
Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/90.Cmvv_fHs.js ...
4h
on MSN
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
3h
on MSN
Inflation rate climbs for the first time since the summer. Fed weighs how much to cut rates.
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick ...
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