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Key Fed inflation gauge at 2.2% in August, lower than expected
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Tag: | Federal Reserve |
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Financial Times - Business
Fed’s preferred inflation measure falls more than expected to 2.2%
Data comes after central bank last week cut interest rates for the first time since the pandemic27 minutes ago -
The New York Times - Business
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.2 hours ago -
The New York Times - Top stories
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted.32 minutes ago -
MarketWatch - Business
Treasury yields fall after PCE inflation report shows surprise cooling
Bond yields fell Friday after the Federal Reserve’s preferred inflation gauge came in cooler than anticipated.1 hour ago -
MarketWatch - Business
U.S. trade deficit in goods plunges 8.3% in August and might only be small drag on GDP
The trade gap narrows to $94.3 billion, its smallest since March.1 hour ago -
CBS News - Top stories
These loans will become cheaper as the Fed cuts rates
With the Fed expected to cut rates a few more times, borrowing money is about to get cheaper.1 hour ago - Federal Reserve -
The New York Times - Health
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
The case takes aim at the major pharmacy benefit managers, agency officials said, claiming that they favored more expensive insulin products and forced patients to pay more.6 days ago -
The New York Times - Sports
Daniel Ricciardo Deserved Better Than This
This was never how the driver’s Formula 1 career was supposed to end, a columnist for The Athletic writes.18 hours ago -
CNBC - Business
China's industrial profits plunge by 17.8% in August from a year ago
China's industrial profits plunged by the most in more than a year, National Bureau of Statistics data showed Friday.10 hours ago - China
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