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US Fed's Favored Inflation Gauge Ticks Up
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.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
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 policymakers’ more cautious approach to lowering interest rates.
Trump, Tariffs and inflation
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 he takes office.
How Do Tariffs Work and Will Trump's Plan Cause Inflation?
President-elect Donald Trump said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.
Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.
5h
on MSN
CNBC Daily Open: U.S. inflation edged up but investors have things to be thankful for
In preparation for a heavy meal of turkey and stuffing and pumpkin pie, investors in the U.S. kept their trading appetite ...
19h
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 ...
18h
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, ...
5h
on MSN
U.S.-Europe Trade War Could Nudge Inflation Higher, ECB’s Lagarde Says
A tariff war between the U.S. and Europe could drive up inflation a little in the short term, European Central Bank President ...
Yahoo Finance
3h
Thanksgiving dinner offers a glimpse into how we're doing on inflation
"And I think that speaks to
inflation
as a whole. We're seeing
inflation
come down, but what's key to remember is we're ...
3h
Turkish cenbank sees high food prices hitting November inflation
The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent in ...
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