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Fed's Preferred Inflation Measure Remains Stubbornly High
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.
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,
US inflation gauge ticks higher with price pressures still stubborn
According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3 percent in October from a year earlier, the Commerce Department said Wednesday.
11h
on MSN
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
1h
on MSN
Nasdaq falls, S&P ends off high with tech stocks under pressure, PCE inflation stalling
Major U.S. stock indexes finished in the red Wednesday, after investors waded through a slew of economic data and some ...
4h
on MSN
CNBC Daily Open: U.S. inflation edged up but investors aren’t fazed
In fact, traders boosted their bets that the U.S. Federal Reserve will lower rates by 25 basis points at its December meeting ...
14h
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 ...
The Indianapolis Star
3d
Does government spending cause inflation, and did Biden-Harris make it worse?
Prices rose 2.6% between October 2023 and the same month in 2024, an unremarkable figure. Yet,
inflation
seems to be on ...
12h
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 ...
10h
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, ...
13h
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 ...
9h
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 ...
3h
Indian central bank to delay cutting rates to early 2025 amid inflation concerns
The Reserve Bank of India (RBI) is set to hold interest rates on Dec. 6 as a sharp rise in consumer inflation has led several ...
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