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Fed’s go-to inflation gauge heated up again
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
4h
on MSN
Inflation Trends Could Keep Fed on Hold Until June, This Economist Says
The Fed needs to stay flexible in the face of policy uncertainty, even as price growth heads toward 2%. Plus, investment ...
3h
Trump renews feud with Federal Reserve over interest rates, inflation
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
8h
Federal Reserve's Bowman says further rate cuts should be gradual, cautious
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
11h
Fed officials wait for clarity on Trump policies
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
2d
on MSN
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
2d
on MSN
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
13h
BlackRock’s Once-Mighty Inflation-Hedge ETF Is Losing Its Crown
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...
2d
on MSN
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
11h
on MSN
Inflation ticked higher last month, in latest sign of persistent price pressures
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
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