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US inflation gauge ticks higher with price pressures remaining stubborn
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a ...
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 ...
Stock market today: Wall Street hits records despite tariff talk
U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, ...
Key inflation gauge shows price increases stayed flat from prior month
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...
US GDP expands at a solid 2.8pc pace, helped by consumer spending
The report showcases the durability of an economic expansion that’s been tested by lingering price pressures, high borrowing ...
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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 promises massive tariffs that could push the cost of living ...
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending ...
Stock Market Today: Nasdaq, Bond Yields Fall Ahead of PCE Inflation Report
The Federal Reserve's favored inflation gauge is due this morning ...
Fed’s Preferred Inflation Measure Remained Elevated in October
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
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Dow Jones Futures: Fed Inflation Data Due; Bitcoin Rises As CrowdStrike Leads Earnings Movers
Futures fell slightly with the Fed's favorite inflation gauge on tap. CrowdStrike leads key earnings movers. Amazon and ...