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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.
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.
Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
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 from the Bureau of Economic Analysis was in line with Dow Jones expectations.
Federal Reserve key inflation gauge hits 2.3%, aligns with projections
The Federal Reserve’s go-to inflation measure, the personal consumption expenditures (PCE) price index, rose 2.3% year-over-year in October, perfectly aligning with market expectations. Monthly inflation ticked up by 0.
1d
PCE Price Index In US
The personal consumption expenditures index reflects changes in the price of goods and services compared to the same month a ...
1d
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, ...
1d
VIEW US PCE price inflation ticks higher in October, as expected
The personal consumption expenditures (PCE) price index climbed 0.2% in October, the Commerce Department said on Wednesday, ...
1d
PCE Inflation Report: October Price Growth Remained Stubborn
The Bureau of Economic Analysis releases the latest reading of its personal consumption expenditures price index on Wednesday ...
1d
Soft landing? Not so fast: Inflation heated back up in October
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump ...
15h
on MSN
Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around ...
23h
Gold recovers, boosted by soft US Dollar after US inflation data
Following the data, US Treasury bond yields fell, dragging the Greenback lower. The US Dollar Index (DXY), which tracks the ...
1d
on MSN
Instant View: US PCE Price Inflation Ticks Higher in October, as Expected
In the 12 months through October, the PCE price index increased 2.3 after advancing 2.1% in September. Excluding the volatile ...
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