Fed's preferred inflation gauge likely to show 2.8% core inflation in December: CapEcon and Pantheon Macro
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
Hosted on MSN28d
Fed’s preferred inflation gauge in November was lower than expected, but remains elevated
The Federal Reserve's favored inflation gauge came in lower than expected in November, but it still remains above the central bank's target level as they continue efforts to wrestle inflation down.
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Los Angeles Times28d
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report ...
CNN28d
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a ...
Finance & Commerce29d
Fed’s preferred inflation gauge shows price pressures easing
WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report ...
Fed’s Williams Wants More Progress Toward Inflation Target
New York Fed President John Williams said he expects inflation to continue cooling toward the central bank’s 2% target this year, adding that he won’t be satisfied until the goal is reached.
Fed finds new reason for confidence in obscure inflation gauge
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
Yahoo Finance29d
Fed's preferred inflation gauge shows price increases fell in November
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases fell month over month in November but still remained sticky as the central bank fights to bring ...
U.S. News & World Report29d
Federal Reserve's Preferred Inflation Gauge Shows Price Pressures Eased Last Month
Federal Reserve's Preferred Inflation Gauge Shows Price Pressures Eased Last Month WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a ...
Newsweek28d
Fed's Inflation Gauge Shows Easing Price Pressures in November
The Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, rose by just 0.1 percent from October to November, marking a significant deceleration ...