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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
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 Department reported on Friday. Economists had forecast PCE inflation advancing 0.
Fed's preferred inflation gauge - core PCE - cools further in August
Analysis of August's Core PCE Price Index, PCE Price Index, Personal Income, and Personal Outlays data compared to expectations and prior figures.
August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, and beating Wall Street forecasts.
8h
Morning Bid: US 'no landing' scenario lifts markets
Chicago Fed President Austan Goolsbee already had his say on the jobs data on Friday. In back-to-back interviews on Bloomberg ...
devdiscourse
9d
Dollar Weakens as U.S. Inflation Cools; Yen Strengthens on Japanese Political Shift
The dollar weakened after U.S. inflation data showed cooling price pressures. The yen strengthened against the dollar ...
3d
US Weekly Jobless Claims Increase Modestly To 225K
Initial Jobless Claims for the week ending September 28 were 225,000, an increase of 6,000 from the previous week’s revised ...
8d
Inflation leaves gap between consumer perceptions, economic reality
Anger over inflation is outlasting the inflation itself, according to the most recent economic data. Consumer prices across ...
9d
Costco profit beats estimates amid moderating inflation
As inflation cools, shoppers are purchasing more non-foods items, Chief Financial Officer Gary Millerchip said Thursday on a ...
6d
IDV: Macroeconomic Environment Is Now Favorable (Rating Upgrade)
IDV ETF's portfolio of high-yielding dividend stocks in developed markets is well-positioned to benefit from lower rate ...
9d
News updates from September 27: Israel says it hit Hizbollah headquarters; Fed’s preferred inflation gauge cools
Israel’s military said it hit Hizbollah’s “main command centre” in Beirut’s southern suburbs on Friday, which it said was ...
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10d
Tokyo inflation cools as government resumes energy subsidies
The government's energy subsidies were the biggest factors behind the deceleration, knocking 0.5 percentage point off overall ...
22h
on MSN
What a hot job market means for inflation
The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool.
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