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Fed’s go-to inflation gauge heated up again
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
24/7 Wall St. on MSN
2h
Stop Inflation in Its Tracks and Keep Your Money Safe at the Same Time
Inflation has been a constant for multiple decades. The Federal Reserve regularly prints new money, and the government ...
20h
on MSN
Inflation Trends Could Keep Fed on Hold Until June, This Economist Says
The Fed needs to stay flexible in the face of policy uncertainty, even as price growth heads toward 2%. Plus, investment ...
19h
Trump renews feud with Federal Reserve over interest rates, inflation
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
1d
Federal Reserve's Bowman says further rate cuts should be gradual, cautious
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
12h
on MSN
Inflation edges up for third month
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures ...
2d
on MSN
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
3d
on MSN
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
2d
on MSN
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
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