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Fed's go-to inflation gauge cooled
Fed's favored inflation gauge showed price growth continued to slow in September
An
inflation
gauge closely watched by Federal Reserve policymakers continued to
slow
in September, as the pace of price growth ... while the core PCE was little changed from a month ago.
US
ECONOMY GREW 2.8% IN THE THIRD QUARTER, SLOWER THAN EXPECTED ...
The Fed’s favorite inflation index just cooled again
Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.
Inflation Cools Again in September, Strengthening Case for Another Interest Rate Cut
Inflation numbers cooled again in September, reinforcing expectations of another interest rate cut at next week's Federal Reserve meeting. The Fed's preferred inflation indicator rose 2.1% annually in September,
11h
on MSN
Inflation isn't going anywhere, and higher rates could spark a 12% downturn for stocks in the coming year, veteran strategist says
Inflation and higher interest rates aren't going away, veteran strategist Bill Blain says. Blain, the principal of Wind Shift ...
The Associated Press on MSN
2d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
“It's essentially the soft landing that many of
us
dreamed of,” said Gregory Daco ... Fed to cut its key rate by an outsize ...
8d
on MSN
Inflation-shocked low- and middle-income Americans may not spend normally for years
The inflation shock of 2021-22 will have a lasting impact on how low- and middle-income Americans spend money, economists say ...
3d
on MSN
Personal saving sinks and economic growth slows in last GDP report before election
Personal saving was $1.04 trillion in the third-quarter, down slightly from $1.13 trillion in the second-quarter, while the ...
2d
Federal Reserve Has Another Reason to Take It Slow
The Federal Reserve’s preferred measure, however, posted its biggest monthly gain since April, bolstering the case for a ...
3d
on MSN
America’s economy just achieved the rare feat of a soft landing
The US economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the ...
3d
on MSN
US economy grew 2.8% in the third quarter, slower than expected
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday.
11d
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
But the I.M.F., in a new report, also cautioned that escalating violence in the Middle East and the prospect of a new round ...
CNET on MSN
7h
Most Homebuyers Won't Budge Until Mortgage Rates Drop to 4%, CNET Survey Finds
The Federal Reserve is set to make its second interest rate cut in November, but mortgage rates are still over 6%.
Hosted on MSN
1d
US hiring slows but hurricane fallout blurs findings
MORE:
US
economy grew at robust pace in 3rd quarter The hiring in ... the end of a week in which new releases showed an ...
8d
Slow M2 Means Low CPI
Money supply and money demand have returned to more normal levels, and inflation has been 2% or less for the past year or so.
2d
on MSN
Why are consumers pessimistic about the economy while inflation is cooling?
American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy ...
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