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inflation, Federal Reserve
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.
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 October, as progress on slowing price growth appears to have stalled in late 2024.
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.
20m
on MSN
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 ...
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 ...
15m
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, ...
1h
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 ...
45m
Inflation 'as an issue' is fading, strategist says
The move by Federal Reserve's preferred inflation gauge further from the central bank's target might not matter all that much, given the expected emphasis on taxes and tariffs in 2025. At least that's ...
2h
Housing Costs Are Pushing Up Inflation
Another large jump in housing-related expenses in October is keeping the Federal Reserve’s preferred inflation index stuck ...
2h
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 ...
CNET
4h
Here's What a Second Trump Term Means for Inflation, Taxes and Student Loans
Not all of Trump's policy details are spelled out, and many require congressional approval. While it's impossible to know all ...
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