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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 favored inflation gauge falls to 2.2%, just above target
The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next.
2d
on MSN
Inflation Cooled in August. The Fed Looks Like It Made the Right Call.
The central bank’s preferred gauge of how fast prices are rising is likely to offer more positive news, allowing officials to ...
1d
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 ...
EconoTimes
17h
Inflation Nears Fed’s 2% Target as Donald Trump's Economic Polling Advantage Shrinks
The Federal Reserves preferred inflation measure showed a further decrease, nearing its 2% target, as price pressures ease.
2d
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
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 ...
2d
Fed’s Favored Inflation Gauge, Consumer Spending Barely Rise
The Federal Reserve’s preferred measure of underlying US inflation and household spending rose modestly in August, ...
2d
on MSN
Richmond Fed president urges caution on interest rate cuts because inflation isn’t defeated
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
2d
August US PCE inflation cools to within reach of Fed target
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce ...
cryptopolitan
10h
Bitcoin eyes $70K as fed’s softer inflation data fuels market rally
BTC’s $70k price target could soon become feasible. Bitcoin (BTC) edged higher and retested $66k on Friday following a ...
7h
A researcher who studied Trump's plans to control the Fed said it could tank the economy
Economists at a top think tank found Trump's threat to undermine the Fed would lower GDP, raise inflation, and cause capital ...
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