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Fed’s Preferred Inflation Measure Ticked Up Slightly
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target, the Commerce Department reported Friday.
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge rose 2.2pc, the least since July.
1h
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
6h
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
19m
on MSN
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
45m
on MSN
U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
3h
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
3h
VIEW US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
22h
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
1d
on MSN
Stocks end down as Fed shifts inflation view. Nvidia slides on talk of China sales curb
US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report ...
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