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Fed, inflation
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.
1d
The Fed is Losing the Inflation Battle. Investors Don’t Care
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
3d
on MSN
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 ...
3d
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 ...
cfodive
2d
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 ...
5d
on MSN
Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s ...
UPI
3d
Fed says it believes inflation will continue to fall; possible rate cuts ahead
While they appeared open to further interest rate cuts, the
Fed
governors did not indicate when and by how much. "Members concurred that
inflation
had made progress toward the committee's 2% ...
2d
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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