The Fed’s Preferred Inflation Gauge Cooled in August
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The Guardian - World
Stock markets hit record highs after news of a fall in US inflation
S&P 500 index of major US companies registers near 100% gain on year ago amid expectation of interest rate cuts. A fall in US inflation expected to pave the way for further cuts in interest rates ...16 minutes ago -
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 pandemic17 minutes ago -
Inc. - Business
Fed Looks to Jobs Data to Set Pace of Future Rate Cuts
The looming question of how large subsequent rate cuts is far from decided as Fed governors prepare for their October meeting.1 hour ago - Federal Reserve -
CNBC - Business
Key Fed inflation gauge at 2.2% in August, lower than expected
The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.1 hour ago - Federal Reserve -
NBC News - Top stories
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.1 hour ago - Federal Reserve -
CBS News - Top stories
Key U.S. inflation gauge shows prices continued cooling in August
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.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.3 hours ago - Federal Reserve -
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.3 hours 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.3 hours 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.4 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.12 hours ago - China -
Financial Times - World
European heat pump sales tumble as subsidies shrink
Fading enthusiasm for alternative to gas boilers piles pressure on EU’s green agenda13 hours ago -
CNBC - Business
The Fed slashed interest rates last week, but Treasury yields are rising. What's going on?
Despite a 50 basis point rate reduction, Treasury yields have been moving higher, particularly at the long end of the curve.19 hours ago - Federal Reserve -
NBC News - Top stories
The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?
With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading considerably lower in the future.22 hours ago - Federal Reserve -
Yahoo Sports - Sports
Watch: Scottie Scheffler loses his cool as tempers boil over in Presidents Cup
As if Scottie Scheffler’s year has not been lively enough, the unassuming world No 1 was involved in an on-course flare-up with his great friend Tom Kim as the one-sided Presidents Cup turned all ...22 hours ago -
The New York Times - Lifestyle
Steven Alan Opens New Store in Chelsea
With a new store, Steven Alan is trying to reconjure the magic of the boutique that put him on the fashion map.Yesterday