October inflation data meets forecasts, keeping Fed on track for ...
2 days ago · In This Article: New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest ...
Wall Street ends mixed while inflation data keeps Fed rate-cut …
1 day ago · A Labor Department report showed the consumer price index (CPI) rose 0.2% in October on a monthly basis, compared with estimates of a 0.2% increase, according to economists polled by Reuters. It ...
CPI report updates: Inflation rises slightly | AP News
1 day ago · Over the long run, core inflation at that pace would exceed the Federal Reserve’s 2% target. Most economists, though, think inflation will eventually resume its slowdown. Consumer inflation, which peaked at 9.1% in 2022, has since fallen steadily, though overall prices are still about 20% higher than they were three years ago.
The Fed - Inflation (PCE) - Federal Reserve Board
Aug 2, 2024 · The Federal Reserve seeks to achieve inflation at the rate of 2 percent over the longer run as measured by the annual change in the price index for personal consumption expenditures (PCE). Why does the Fed target PCE inflation instead of the CPI?
Inflation Ticks Up Slightly - The New York Times
1 day ago · The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report serves as a reminder that the Federal Reserve still has work to do.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve ...
1 day ago · Inflation rises 2.6% in October after Fed starts interest rate cuts 04:29. U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve ...
Federal Reserve issues FOMC statement
Nov 7, 2024 · The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.
All the data so far is showing inflation isn't going away ... - NBC News
Apr 26, 2024 · Indeed, data the Bureau of Economic Analysis released Friday showed that spending outpaced income in March, as it has in three of the past four months, while the personal savings rate plunged to 3 ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
1 day ago · The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on ...
Fed gets heartening inflation data, but slow road ahead
June 28 (Reuters) - U.S. Federal Reserve officials got encouraging data on Friday suggesting inflation is cooling, news that helped ease doubts over how well monetary policy is doing its job...