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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
August US PCE inflation cools to within reach of Fed target
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday. Economists had forecast PCE inflation advancing 0.
Fed's preferred inflation gauge - core PCE - cools further in August
Analysis of August's Core PCE Price Index, PCE Price Index, Personal Income, and Personal Outlays data compared to expectations and prior figures.
August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, and beating Wall Street forecasts.
Marketplace
5d
Inflation is coming down, but prices won’t
Inflation may be coming down, but that doesn't necessarily mean consumers will feel a tangible change in prices.
devdiscourse
12d
Dollar Weakens as U.S. Inflation Cools; Yen Strengthens on Japanese Political Shift
The dollar weakened after U.S. inflation data showed cooling price pressures. The yen strengthened against the dollar ...
1d
Keep positioning for rate cuts despite US resilience, UBS says
Investors should continue positioning for rate cuts despite recent signs of resilience in the US economy, UBS strategists ...
1d
on MSN
Rand weakens amid drastic shift in US rate-cut outlook
The dollar clung to seven-week highs against major currencies on Tuesday as investors pondered the outlook for US rates after ...
6d
US Weekly Jobless Claims Increase Modestly To 225K
Initial Jobless Claims for the week ending September 28 were 225,000, an increase of 6,000 from the previous week’s revised ...
12d
Costco profit beats estimates amid moderating inflation
As inflation cools, shoppers are purchasing more non-foods items, Chief Financial Officer Gary Millerchip said Thursday on a ...
https//beincrypto.com
2d
3 US Economic Events That Could Impact Crypto Market This Week
US economic events like CPI, PPI, and jobless claims could significantly impact crypto markets and Bitcoin this week.
12d
Tokyo Inflation Cools as Government Resumes Energy Subsidies
Consumer inflation in Tokyo eased this month after outgoing Prime Minister Fumio Kishida reinstated energy subsidies to help ...
3d
on MSN
What a hot job market means for inflation
The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool.
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