Inflation, Federal Reserve
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 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.
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 expected to fuel further Fed interest rate cuts.
Inflation shows further signs of cooling off as PCE rose 2.2% last month
Data through the week points to a still-resilient economy overall, leaving traders uncertain about the Fed’s next move.
US Fed's preferred inflation measure edges down in August
An inflation metric closely watched by the US Federal Reserve crept lower Friday, according to government data, supporting the central bank's decision earlier this month to begin cutting interest rate
Fed's preferred inflation gauge - core PCE - cools further in August
Analysis of August's Core PCE Price Index, PCE Price Index, Personal Income, and Personal Outlays data compared to expectations and prior figures.
PCE report reveals cooling inflation in August—are more rate cuts on the horizon?
Inflation in the US continued its downward trend in August, latest data has shown, providing hope for additional interest rate cuts by the Federal Reserve. The Personal Consumption Expenditures (PCE) price index,
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 ...
Column: American economists and consumers got inflation wrong during its recent surge. They still do
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
PCE report for August: Inflation slows with core running below forecast
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
Dow closes at record high as tame inflation report also lifts small caps
U.S. stock index futures moved higher on Friday after an inflation reading supported the narrative of moderating inflation in ...
Bitcoin soars past $66,000 as August inflation rate comes in lower-than-expected
Bitcoin climbed more than 2% to end the week, reaching $66,000 on Friday. This rise comes as positive inflation data fuels ...
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 ...
Stock market today: Dow hits fresh record, stocks close out strong week as inflation cools
The Dow Jones Industrial Average ( ^DJI) gained 0.3% and finished with a fresh record. The S&P 500 ( ^GSPC) lost 0.1%, but is ...