The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.
Powell said that estimates indicate the Fed’s preferred inflation gauge, the personal consumption expenditures price index, ...
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday. The personal consumption ...
The Federal Reserve's preferred inflation measure stayed stubbornly above the central bank's 2% target last month, a challenging backdrop for policymakers as the job market weakens. Consumer prices ...
US consumer spending rose slightly more than expected in August but inflation also ticked up, with further cost pressures likely to come - Copyright AFP ANGELA WEISS ...
Kansas City Federal Reserve president Jeff Schmid said Friday he preferred to hold interest rates steady at this week’s policy meeting because he’s more concerned that inflation is “too high” than he ...
The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index, rose Friday as consumer confidence has fallen amid rising costs. NewsNation's Alicia Nieves ...
A growing chorus of Fed officials say they would have preferred to hold interest rates steady this week, voicing concern about inflation. Kansas City Federal Reserve president Jeff Schmid said Friday ...
The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, while analysts warn of further cost pressures after President Donald Trump unveiled a ...
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