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inflation, Federal Reserve
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through October, as progress on slowing price growth appears to have stalled in late 2024.
Key inflation metric rises 0.2% in October, 2.3% annually, in line with expectations
Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate from the Bureau of Economic Analysis was in line with Dow Jones expectations.
25m
Banxico Members Float Bigger Key Rate Cuts on Inflation Outlook
Mexico’s central bank signaled willingness to consider bigger interest rate cuts without setting a specific time-frame for ...
Seeking Alpha
1h
German Inflation Is Good News For ECB Hawks
German
inflation
accelerated in November and will strengthen opposition against a 50bp rate cut. A 50bp rate cut decision ...
2d
What To Expect From November’s CPI Inflation Report
The November Consumer Price Index report will be released on December 11. A slight increase in headline inflation is expected ...
8h
RBA’s Bullock Says Inflation Is ‘Too High’ to Consider Rate Cuts
Australia’s core inflation is “too high” to consider interest-rate cuts in the near term, Reserve Bank Governor Michele ...
1h
on MSN
South African rand firms after producer inflation data, central bank review
The South African rand strengthened on Thursday, after the release of October producer inflation data and the central bank's ...
4h
UK tenants hit by highest inflation in September
UK tenants were hit by the highest inflation rate of any household group, overtaking those with mortgages, according to ...
22h
on MSN
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
4h
German inflation unchanged at 2.4% in November
German inflation remained flat in November despite expectations of a second consecutive increase interrupting the downward ...
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