The Fed’s go-to inflation gauge ticked up less than expected ...
1 day ago · The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a ...
Federal Reserve's preferred inflation gauge shows price ...
1 day ago · The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known as the personal consumption expenditures price index, is coming in lower — and closer to the Fed’s target — than the higher-profile consumer price index.
The Fed’s Preferred Inflation Measure Sped Up in November
1 day ago · The central bank’s preferred inflation measure, released on Friday, climbed 2.4 percent in November from a year earlier, faster than its 2.3 percent rate in October and notably quicker than the ...
Key Fed inflation measure shows 2.4% rate in ... - NBC News
1 day ago · The personal saving rate edged lower to 4.4%. Stock market futures held in negative territory after the report while Treasury yields also slumped. “Sticky inflation appeared to be a little less ...
CPI rose 2.7% in November from a year ago as Fed ... - CBS News
Dec 11, 2024 · Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to...
US consumer price increases accelerated last month with ...
Nov 27, 2024 · According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is up from just 2.1% in September, though it is still only modestly above the Fed’s 2% target.
CPI report updates: Inflation rises slightly | AP News
Nov 13, 2024 · Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month.