The Fed’s Preferred Inflation Gauge Cooled in August
WEB1 day ago · Sept. 27, 2024, 8:43 a.m. ET. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control. The Personal...
A dual win for consumers: Inflation cooled last month, paving way …
WEB1 day ago · The Fed’s favorite inflation gauge, the Personal Consumption Expenditures price index, showed consumers paid 2.2% more for goods and services for the year ended in August, versus 2.5% in July....
Fed's favored inflation gauge shows cooling price pressures, …
WEB1 day ago · WASHINGTON (AP) — 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.
Key Fed inflation gauge at 2.2% in August, lower than expected
WEB2 days ago · Key Fed inflation gauge at 2.2% in August, lower than expected. Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce ...
Fed’s favored inflation gauge shows cooling price pressures ... - PBS
WEB1 day ago · WASHINGTON — 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...
Fed’s preferred inflation measure falls more than expected to 2.2%
WEB1 day ago · The Federal Reserve’s preferred measure of US inflation dropped by more than expected to 2.2 per cent in the year to August, paving the way for the central bank to cut interest rates again in...
Fed's preferred inflation gauge shows prices increased less than …
WEB1 day ago · The latest update on the Federal Reserve's preferred inflation gauge comes as investors whether the Fed will cut interest rates by 50 basis points at its November meeting.
The Fed sees its inflation fight as a success. Will the public ...
WEB6 days ago · WASHINGTON (AP) — With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years. The public at large? Not so much.
Fed's key inflation measure cooled slightly from a year ago ... - NBC News
WEBJul 26, 2024 · An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut.
Fed official says US interest rates should not be cut too fast | AP News
WEB1 day ago · Inflation has fallen sharply from a peak of 7% in 2022, according to the Fed’s preferred gauge, to about 2.2% in August. But only if inflation continues to decline steadily next year would he support rate “normalization,” in which the Fed could cut its rate to the “neutral” level, Barkin said.