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PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% ...
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The Fed’s about to get its preferred measure of inflation. Here’s what it could mean.
The personal consumption expenditures index, or PCE, could come in at the central bank's much-vaunted target of 2% inflation.
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The Fed’s favorite inflation index just cooled again
Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption ...
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
Total PCE Inflation Gets Closer To The Fed’s 2% Target
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...
The Fed's Favorite Measure Of Inflation Is Nearing A Magic Number
By one measure, inflation is on the verge of falling to a 2% annual rate, a fresh low since 2021 and consistent with the ...
Fed's favored inflation gauge showed price growth continued to slow in September
as the pace of price growth trended closer to the Fed's target in September. The Commerce Department on Thursday reported ...
Fed’s Favored Inflation Gauge Cooled in September
The Federal Reserve’s preferred inflation gauge showed price pressures cooled last month, rising 2.1% in September from a ...
The Associated Press on MSN5d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
Inflation peaked at 7.1% in June 2022 after the economy had accelerated out of the pandemic recession at a time of severe ...
Gold price keeps the red below record high, downside seems limited ahead of US PCE data
Gold price continues to attract haven flows amid US political jitters and Middle East woes. A further rise in the US bond ...
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US Fed's favored inflation index slows to 2.1% in September
The Federal Reserve’s closely watched inflation gauge rose in September as expected, backing a slower pace of rate cuts than ...