Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
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Key Fed inflation gauge at 2.2% in August, lower than expected
WEB2 days ago · The personal consumption expenditures price index, a gauge the Fed focuses on to measure the cost of goods and services in the U.S. economy, rose 0.1% for the …
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A dual win for consumers: Inflation cooled last month, paving way …
WEB2 days 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 …
The Fed’s Preferred Inflation Gauge Cooled in August
WEB2 days ago · Sept. 27, 2024. 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 …
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Fed's favored inflation gauge shows cooling price pressures, …
WEB2 days 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 …
Fed's key inflation measure cooled slightly from a year ago
WEBJul 26, 2024 · Core inflation, which excludes food and energy, showed a monthly increase of 0.2% and 2.6% on the year, both also in line with expectations. Policymakers focus …
Fed’s Powell is unfazed by the latest hot inflation reading
WEBMay 14, 2024 · Most Fed officials share Powell’s concerns that inflation could prove to be more persistent than anticipated, making it more challenging to achieve the central bank’s 2% target.
Inflation has slowed. Now the Federal Reserve faces …
WEBJan 29, 2024 · The Fed’s aggressive streak of 11 rate hikes, beginning in March 2022, was intended to tame inflation, which peaked in June 2022 — according to the central bank’s preferred gauge — at 7.1%. But data …
Inflation data this week could help determine Fed's timetable for …
WEBJun 10, 2024 · Though consumer inflation has slowed dramatically since peaking at 9.1% in mid-2022, it was still 3.4% in April, well above the Fed’s target. The Fed would reduce …
Federal Reserve News Fed Raises Rates at a Slower …
WEBDec 14, 2022 · The forecasts showed that Fed officials expect inflation to remain higher for longer than they thought a few months ago. They now expect consumer prices to rise 3.1 percent next year and 2.5 ...
Federal Reserve News Fed Takes Aggressive Action in …
WEBJun 15, 2022 · The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling...
