Inflation Gauge 2.2
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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 -
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 ...2 hours 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
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.5 hours ago