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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control.
Inflation Cooled in August. The Fed Looks Like It Made the Right Call.
The Federal Reserve’s preferred inflation measure continued to show muted growth in August, providing more evidence that policymakers were on the right track with the recent interest-rate cuts. The core personal consumption expenditures,
Fed’s favored inflation gauge falls to 2.2%, just above target
The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next.
August US PCE inflation cools to within reach of Fed target
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday. Economists had forecast PCE inflation advancing 0.
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.
2d
Latest inflation data could boost case for more big Fed rate cuts
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower ...
2d
on MSN
US Inflation Hits Fed’s 2% Goal Early 2025 in Economists Survey
Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up ...
2d
on MSN
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is ...
EconoTimes
1d
Inflation Nears Fed’s 2% Target as Donald Trump's Economic Polling Advantage Shrinks
The Federal Reserves preferred inflation measure showed a further decrease, nearing its 2% target, as price pressures ease.
Opinion
The Highland County Press
1h
Opinion
Everyday Economics: Expect less dovish Fed chatter in the week ahead
The main event this week will be the U.S. jobs report, with employment growth expected to have picked up slightly last month. Other data releases, such as construction spending, are also likely to ...
3d
on MSN
Richmond Fed president urges caution on interest rate cuts because inflation isn’t defeated
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
5d
on MSN
Bowman Says Fed Must Keep Eye on Inflation, Upside Risks Remain
Federal Reserve Governor Michelle Bowman said the central bank should lower interest rates at a “measured” pace, arguing that ...
2h
Treasury yields rise as investors consider inflation outlook
U.S. Treasury yields were higher on Monday as investors considered the state of the economy and outlook for inflation after ...
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