The Fed’s Preferred Inflation Gauge Cooled Overall in September

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - 3 hours ago

Inflation falls to lowest level since 2021 in Fed’s preferred gauge

Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...

Politics - The Hill - 3 hours ago

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.

Business - CNBC - 3 hours ago

Philadelphia Fed’s factory gauge jumps in October

Index rises to 10.3, second straight monthly gain

Business - MarketWatch - October 17

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

Surprise fall in inflation to 1.7% paves way for interest rate cuts

September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.

The start of a new round of gilt market carnage?

Parsing 101 words from the OBR

Business - Financial Times - 2 hours ago

The Fed should beware declaring the war on inflation over prematurely

Wobbles in the bond market suggest investors think the US central bank turned too dovish too soon

World - Financial Times - October 15

Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly

The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.

Business - MarketWatch - October 16

The Fed hasn’t tamed inflation — and the stock market has yet to figure that out

Stocks can handle moderate inflation as long as economic growth persists

Business - MarketWatch - Yesterday

Benefits, interest rates and pensions - how September's inflation figure affects you

The cost of living is always important but this month's has a particular extra impact for millions of people.

Inflation is cooling, yet many Americans are still living paycheck to paycheck

The rate of inflation has come down from pandemic era highs. But many Americans are still waiting to feel financial relief.

Business - CNBC - 21 hours ago

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

Inflation is going higher, this market strategist says. Here’s his master plan to profit from it.

Hedgeye’s Keith McCullough is long gold, utilities, real estate and emerging markets.

Business - MarketWatch - Yesterday

Bumblebee Queens Prefer to Live in a Toxic Home

In an elaborate experiment, scientists discovered that the insects chose to hibernate in soil full of pesticides and other poisons.

Science - The New York Times - October 16

Young voters strongly prefer Harris to Trump: Survey

A new report from a left-leaning think tank shows that Generation Z and millennial voters favor Vice President Harris more than former President Trump in the upcoming election. The report, ...

Politics - The Hill - October 22

The Dodgers Preferred to Face Mark Vientos. ‘He Took It Personal.’

After Francisco Lindor was intentionally walked, Vientos hit a second-inning grand slam to lift the Mets in Game 2 of the N.L.C.S.

Sports - The New York Times - October 15

Middle-aged women prefer Harris over Trump, survey shows

A new survey from Marie Claire magazine finds middle-aged women prefer Vice President Kamala Harris over former President Donald Trump. Forty-nine percent of women between the ages of 40 and 60 ...

NY Fed: ‘Reserves remain abundant’

Cute new measure of the reserve regime just dropped

World - Financial Times - October 21

New-home construction dips in September, as builders await rate cuts

Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.

Business - MarketWatch - October 18

Crowds at the Row’s Sample Sale Beg a Question: Can It Stay Cool?

The luxury brand has maintained its allure through an air of exclusivity. Associations with discount chains and reality stars have broadened its reach.

Lifestyle - The New York Times - 5 days ago

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