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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 preferred inflation gauge ticked higher to 2.8% — stoking doubts on December rate cut
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting interest rates next month.
9h
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 ...
8h
The Fed’s Favorite Inflation Measure Sped Up in October
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
52m
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 ...
8h
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 ...
cfodive
3h
Inflation accelerates as Fed officials view easing with caution
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target ...
6h
Key Fed gauge shows inflation is 'going sideways'
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...
4h
Inflation ticks higher, upping shopping season pressure
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
5h
on MSN
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
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