Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to ...
The Edge Singapore13d
Gold edges higher as markets weigh outlook for Fed rate cut
The precious metal has climbed more than a quarter this year and hit record levels, supported by US monetary easing, ...
Seeking Alpha13d
True Cost of Christmas inflation rises 5% this year
PNC's 2024 Christmas Price Index rose 5.4% from a year ago. For context, the personal consumption expenditures price index (the Fed's preferred measure) is up 2.4% Y/Y as of November, while the ...
Gold Steadies as Traders Weigh Outlook for Fed Rate Cuts
Gold was steady as traders weighed the outlook for monetary policy after the Federal Reserve’s preferred measure of ...
sharecafe13d
Tech leads Wall Street recovery, ASX resolves CHESS mess
Tech stocks, led by Nvidia, were the driving force behind the rebound. The core Personal Consumption Expenditures Price Index ...
The Daily Star14d
US consumer spending rises; inflation showing progress
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
Texarkana Gazette14d
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
We still have some work to do." Inflation, according to the measure released Friday -- the personal consumption expenditures price index -- has plummeted from a peak of 7.2% in June 2022 to 2.1% ...
Northwest Arkansas Democrat Gazette15d
Price pressures ease after gains
We still have some work to do." Inflation, according to the measure released Friday -- the personal consumption expenditures price index -- has plummeted from a peak of 7.2% in June 2022 to 2.1% ...
Fed’s Favored Inflation Gauge Brings Some Good News
The Federal Reserve's preferred inflation measure showed prices rose less than expected in November, a welcome sign of ...
Finance & Commerce15d
Fed’s preferred inflation gauge shows price pressures easing
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
Insurancenewsnet.com15d
Fed's preferred inflation gauge shows price pressures eased last month
We still have some work to do." Inflation, according to the measure released Friday - the personal consumption expenditures price index - has plummeted from a peak of 7.2% in June 2022 to 2.1% in ...
The Telegraph15d
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known as the ...