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The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Core PCE Inflation Runs a Touch Hot, Dimming Hopes for September Rate Cut
The core personal consumption expenditures price index, which strips out the cost of food and energy, rose 0.3% on the month ...
Another blow to September Fed rate cut hopes after stubborn PCE inflation data
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
As the Fed Meets, Here’s Where Inflation Stands
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...
June PCE: Inflation Reaccelerates Despite Tepid Spending And Income Gains
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
Investor's Business Daily on MSN3d
Fed Rate-Cut Odds Slide On Powell Framework; S&P 500 Falls
The S&P 500 turned lower as Chairman Jerome Powell continued to signal no rush to cut rates. Investors also are gearing up ...
Fed holds rates steady but sees first double dissent in 30 years
The Federal Reserve kept short-term interest rates at a level of 4.25 to 4.5 percent on Wednesday, but the vote saw the first ...