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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,
U.S. inflation gauge ticks higher with price pressures remaining stubborn
U.S. inflation gauge ticks higher with price pressures remaining stubborn.
Dow futures tick higher ahead of PCE inflation data
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
Stock Market Today: Dow futures tick higher ahead of PCE inflation data
Dow Jones Industrial Average was at 44,860, on pace for a roughly 7.4% monthly gain, which would be its best month since Nov. 2023, according to Dow Jones Market Data. S&P 500 ind
Dow Up, S&P 500 Futures Down as Markets Brace for PCE Inflation Report
Stock futures were wavering on Wednesday as Wall Street waited for the Federal Reserve’s preferred inflation gauge, the final major economic data due before the Thanksgiving holiday. Futures tracking the Dow Jones Industrial Average were up 85 points,
Fed, rates and Inflation
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 in prices that could cajole the central bank to cut interest rates less aggressively.
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves
Fed officials cautious about cutting interest rates too quickly
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed's 2% target,
12h
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 ...
2h
on MSN
Gold falls on dollar strength, inflation data sparks caution on Fed rate cuts
Gold prices slipped on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data showing ...
13h
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 ...
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 ...
5h
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 ...
11h
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
14h
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 ...
CNET
16h
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 ...
14h
Thanksgiving parade 2024 balloon inflation: How to watch, streaming channel
The Macy’s Thanksgiving Day Parade Balloon Inflation is taking place Wednesday afternoon on the Upper West Side, giving New ...
4h
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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