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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% ...
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 takeaways from the Fed’s rate cut after the election
The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this ...
Restaurants, other services still in grip of high inflation even as overall rate slows
While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high.
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.
Key Fed PCE inflation rate meets expectations at 2.1% for September
The Federal Reserve's key inflation rate, the personal consumption expenditures price index, rose in line with expectations ...
Reuters on MSN3h
Fed cuts rates, notes job market easing and solid economic growth
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job ...
Americans are probably getting another interest rate cut 2 days after the election
Meanwhile, inflation is near the Fed's target rate of 2%. The personal consumption expenditures price index, which is closely ...
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 ...
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Personal Consumption Expenditures (pce) Index
The personal consumption expenditures (PCE) index rose 4.4 percent year-on-year in April, up from 4.2 percent a month earlier, the Commerce Department said in a statement. Advisory Alert ...
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 ...
Forbes8mon
More Earnings Along With Personal Consumption Expenditures This Week
Then on Thursday, we'll get the most important report of the month, the Personal Consumption Expenditures Index (PCE), which ... as justification for Nvidia's price. When I hear things like ...