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Fed’s Favored 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 ...
US Fed's favored inflation index slows to 2.1% in September
The Federal Reserve’s closely watched inflation gauge rose in September as expected, backing a slower pace of rate cuts than the 50 basis points the c
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.
The Associated Press on MSN
2h
US Fed set to cut rates for second time on easing inflation, while facing hazy post-election outlook
Higher
inflation
would, in turn, compel the Fed to
slow
or stop its rate cuts. On Thursday, the Fed's policymakers, led ...
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 ...
4d
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 ...
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 ...
The Associated Press on MSN
3d
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 ...
4d
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.
Markets Insider on MSN
1d
Inflation isn't going anywhere, and higher rates could spark a 12% downturn for stocks in the coming year, veteran strategist says
That could crimp lending,
slow
dealmaking, and take
US
and global stocks down 7%-12% ... "It's the reality that ...
4d
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 ...
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 ...
The Associated Press - Business News on MSN
4d
US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite ...
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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