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Key Fed inflation gauge at 2.2% in Aug., lower than expected
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control.
US Inflation Hits Fed’s 2% Goal Early 2025 in Economists Survey
Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up slightly, closely following the central bank’s own updated projections released last week.
Fed's Inflation Gauge Drops to 2.2%
Good news on the inflation front. The Federal Reserve's preferred inflation gauge showed consumers paid 2.2 percent more for goods and services for the year
Opinion
2d
Opinion
Column: American economists and consumers got inflation wrong during its recent surge. They still do
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
2d
on MSN
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend ...
2d
A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving ...
2d
Latest inflation data could boost case for more big Fed rate cuts
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower ...
1d
on MSN
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is ...
2d
on MSN
Fed’s Inflation Measure Is Out Friday. Expect Another Benign Reading
The central bank’s preferred gauge of how fast prices are rising is likely to offer more positive news, allowing officials to ...
1d
PCE report for August: Inflation slows with core running below forecast
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
1d
on MSN
Dow closes at record high as tame inflation report also lifts small caps
U.S. stock index futures moved higher on Friday after an inflation reading supported the narrative of moderating inflation in ...
2d
on MSN
Inflation Continues to Decline, Beating Forecasts
The latest report shows that inflation remains on a downward trajectory. A measure of inflation followed closely by the ...
1d
on MSN
Bitcoin soars past $66,000 as August inflation rate comes in lower-than-expected
Bitcoin climbed more than 2% to end the week, reaching $66,000 on Friday. This rise comes as positive inflation data fuels ...
2d
Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
3h
Tavia Hunt warns that the U.S. will face Roman Empire challenges due to inflation
Tavia Hunt, the wife of Kansas City Chiefs owner Clark Hunt, recently shared her views on a hot-button issue-rising inflation ...
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