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Key inflation metric rises 0.2% in Oct., 2.3% annually
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
Key inflation metric rises 0.2% in October, 2.3% annually, in line with expectations
Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate from the Bureau of Economic Analysis was in line with Dow Jones expectations.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
4d
Inflation Isn't Going Down Without a Fight. What to Expect From the PCE Report.
The latest reading of the Federal Reserve’s preferred inflation measure should confirm that price growth remained stubbornly ...
3d
on MSN
Key Fed inflation gauge shows PCE 'going sideways'
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases were flat in October from the ...
3d
PCE Inflation - October
Financial markets are pricing in a 70 percent probability of a 25 basis point easing at the December meeting, with a 30 ...
3d
PCE Inflation Report: October Price Growth Remained Stubborn
The Bureau of Economic Analysis releases the latest reading of its personal consumption expenditures price index on Wednesday ...
3d
Dow Up, S&P 500 Futures Down as Markets Brace for PCE Inflation Report
Stock futures were mostly down on Wednesday as Wall Street waited for the Federal Reserve’s preferred inflation gauge, the ...
3d
on MSN
Inflation Is 2.3%, But Stuff Is Still Expensive. Is a Loan the Move This Holiday Season?
Inflation was 2.3% in October, down from where it was two years ago, but stuff is still expensive. If you can’t afford gifts, ...
3d
Inflation Re-Accelerates Despite Plunging Gasoline Prices As 'Core Services' PCE Price Index Hits 7-Month High
Inflation has been in services and is still in services, it has become sticky in services, and recently, it has been ...
3d
on MSN
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
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