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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control.
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.
Bitcoin soars past $66,000 as August inflation rate comes in lower-than-expected
Bitcoin climbed more than 2% to end the week, reaching $66,000 on Friday. This rise comes as positive inflation data fuels optimism amongst investors, and as spot Bitcoin exchange-traded funds saw large inflows on Thursday.
German inflation drops to 1.8% in September, below expectations
The harmonized German consumer price index eased to 1.8% in September, more than expected, preliminary data from the country's statistics office showed Monday.
4h
Polish Inflation Jumps, Pushing Likely Rate Cuts Into 2025
Poland’s inflation accelerated for a sixth month running in September, hitting a fresh 2024 high and cementing expectations ...
2d
Latest inflation data could boost case for more big Fed rate cuts
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower ...
Opinion
2h
Opinion
Opinion: We cured inflation without a recession. It's the soft landing of our dreams.
The Federal Reserve’s decision to cut interest rates by a half a percent in September marks a turning point in the most successful fight against inflation in U.S. history. This appears to be the ...
2d
Inflation Continues To Ease
Ahead of this morning's PCE report, forecasts called for core PCE to be up 0.2% month-over-month and 2.7% year-over-year.
2d
on MSN
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is ...
2d
PCE report for August: Inflation slows with core running below forecast
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
2d
Inflation, prices drop for some things, but have they for all?
Inflation is slowing, prices are coming down, but is that true for everything? For the past three years, we’ve seen nothing ...
3h
Portugal's 12-month inflation accelerates to 2.1% in September
Portuguese consumer prices rose 2.1% year-on-year in September, accelerating after a 1.9% increase in the previous month, ...
2d
US Consumer Spending Resilient; Inflation Continues to Abate
Income rose 0.2% in August amid decreases in personal interest and personal dividend income. Wages and salaries, however, ...
Opinion
3d
Opinion
Column: American economists and consumers got inflation wrong during its recent surge. They still do
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
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