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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
Inflation Cooled in August. The Fed Looks Like It Made the Right Call.
The central bank’s preferred gauge of how fast prices are rising is likely to offer more positive news, allowing officials to keep focusing on jobs as they decide how fast to cut rates.
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.
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.
17m
A researcher who studied Trump's plans to control the Fed said it could tank the economy
Economists at a top think tank found Trump's threat to undermine the Fed would lower GDP, raise inflation, and cause capital ...
EconoTimes
10h
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.
1d
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 ...
1d
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 ...
1d
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 ...
cryptopolitan
3h
Bitcoin eyes $70K as fed’s softer inflation data fuels market rally
BTC’s $70k price target could soon become feasible. Bitcoin (BTC) edged higher and retested $66k on Friday following a ...
1d
on MSN
Inflation is doing exactly what the FOMC hoped it would, says Fmr. Fed President Loretta Mester
Loretta Mester, Former Cleveland Fed President, joins 'Closing Bell: Overtime' to discuss PCE data, Fed speak and more.
2d
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.
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