Gauge 2.2 August
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The New York Times - Business
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.1 hour 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 pandemic2 hours ago -
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.3 hours 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.3 hours 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.3 hours 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.5 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.14 hours ago - China