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Fed’s Preferred Inflation Gauge Cooled Overall
Total PCE Inflation Gets Closer To The Fed’s 2% Target
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal Consumption Expenditure inflation fell to 2.1%.
The Fed’s favorite inflation index just cooled again
Inflation
has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the
Fed
’s preferred
inflation
gauge, showed prices rose 2.1% for the year ended in September ...
The Fed’s Preferred Inflation Gauge Cooled Overall in September
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
Barron's on MSN
2d
Trump and Harris Plans Could Stoke Inflation. That Means a More Hawkish Fed.
The proposed economic policies of this year’s presidential candidates, Vice President Kamala Harris and former President ...
CBS News on MSN
3d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Given the surge in post-pandemic
inflation
, the fact that headline
inflation
now sits just a tenth of a percentage point ...
13h
Not Only Would Banks Not Cause Inflation, They Could Not Cause It
It’s so easily forgotten that banks earn dollars. This is important in light of the truth about actual inflation: it’s a ...
The Associated Press on MSN
3d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
That is barely above the
Fed
's 2%
inflation
target and in line with readings in 2018, well before prices began surging ...
3d
Fed's favored inflation gauge showed price growth continued to slow in September
An
inflation
gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price ...
CNN on MSN
3d
Trump’s former pick to join the Federal Reserve has proposed a radical solution to solve inflation
Currently, the
Fed
targets a stable
inflation
rate, where prices rise at a slow-but-steady pace of just 2%. It’s supposed ...
Hosted on MSN
2d
Fed's Key Inflation Metric Falls to Lowest Level Since 2021
This number is just above the
Fed
's 2 percent
inflation
target and in line with numbers from 2018, well before prices ...
Seeking Alpha on MSN
6h
Fed is expected to cut borrowing costs amid mixed data
Fed
officials likely will cut interest rates by a quarter percentage point on Thursday as the
inflation
rate keeps ...
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