Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second month in a row, adding to the uncertainty about how much the central bank will reduce borrowing costs.
The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, ...
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
Last week’s core PCE numbers support comments by Fed officials that there’s no rush to cut interest rates so long as the ...
Recent sticky inflation readings have raised questions about whether the Fed will cut interest rates in December and how much the central bank will lower rates over the next year. Earlier this ...
Bloomberg on MSN18d
Trump Trade Muddles Inflation Outlook in Fed’s Favorite GaugeA stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve ...
According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3 percent in October from a year earlier ...
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates. The so ...
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases were flat in October from the prior month, raising questions over whether progress in getting to ...
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