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Fed's Preferred Inflation Measure Remains Stubbornly High
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter, but progress on lowering inflation appears to have stalled in recent months.
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday.
The Fed's Preferred Inflation Measure Remains Stubbornly High
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing an economic downturn. The data hasn't cooperated. Over the 12 months through October,
8h
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
1d
What To Expect From November’s CPI Inflation Report
The November Consumer Price Index report will be released on December 11. A slight increase in headline inflation is expected ...
2d
on MSN
Inflation will keep falling next year despite fears of prices spiking under Trump, veteran economist Steve Hanke says
It's "nonesense" to expect Trump's policies to spark a resurgence of inflation in the coming years, economist Steve Hanke ...
5h
on MSN
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
6h
on MSN
Soft landing? Not so fast: Inflation heated back up in October
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump promises massive tariffs that could push the cost of living even higher.
Marketplace
12d
Would changing the Fed’s inflation target help people afford homes?
The trick is finding inflation's sweet spot — too much or too little can lead to a lot of problems for the economy and ...
8h
Progress on Reducing Core Inflation Has Stalled
A closely watched subset of the Federal Reserve’s preferred inflation measure has been stuck above the central bank’s target ...
7d
on MSN
Target shares tank over 20% as inflation-wracked shoppers flee to rivals for deals
Target said its earnings were hit by hesitancy from cash-strapped consumers and a costly rush on shipments in anticipation of ...
1d
IMF Supports South Africa Adopting Lower Inflation Target
South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be ...
13h
'Inflation fatigue' to spur shoppers to spend cautiously on Black Friday weekend, experts project
Holiday retail spending nationwide is expected to grow modestly this year with consumers still shell-shocked over recent ...
9h
SNAPSHOT S&P 500, Nasdaq extend declines after October inflation data
The S&P 500 and the Nasdaq extended declines on Wednesday as investors assessed an in-line inflation report, although the ...
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