The Federal Reserve’s preferred inflation gauge showed price pressures cooled last month, rising 2.1% in September from a year earlier. The personal-consumption expenditures price index, or PCE ...

"The (Fed) has gained greater confidence that inflation is moving sustainably toward 2%, and judges that the risks to achieving its employment and inflation goals are roughly in balance,” the ...

The next meeting of the Federal Open Market Committee (FOMC) on Nov. 7 will show once and for all how the Fed intends to handle conflicting inflationary forces. As Cointelegraph reported ...

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That is barely above the Fed’s 2% inflation target and in line with readings in 2018, well before prices began surging after the pandemic recession. Yet some signs of inflation pressures remained.

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The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from 2.3% in August ...

The latest reading of the Fed's preferred inflation gauge showed that prices increased largely in line with Wall Street's expectations in September. The core Personal Consumption Expenditures (PCE ...

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The Fed slashed rates by 50 basis points in September, lowering the benchmark federal funds rate for the first time in four years to a range of 4.75% to 5%. Following the cut, JPMorgan analysts ...