Fed’s Preferred Inflation Measure Remained Elevated

Fed’s Preferred Inflation Measure Remained Elevated in October
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through October, as progress on slowing price growth appears to have stalled in late 2024.
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.
Fed’s Favored Inflation Metric Ticked Up To 6-Month High In October
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price increases continue to plague consumers.
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Key inflation gauge shows price increases stayed flat from prior month
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate decision.
Fed's preferred inflation gauge expected to stall again in October
October's increase in the core PCE (personal consumption expenditure) price index is expected to hang out at +0.3% month-over-month, the same as in September, according to economists' consensus. It highlights the difficulty in wringing the last bit of disinflation out of the current inflation rate to bring it down to the Federal Reserve's 2% goal.

Stock Futures Little Changed Ahead of Key Inflation Data

Fed’s Favorite Inflation Gauge Picks Up, in Line With Forecasts
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain ...
US inflation gauge ticks higher with price pressures still stubborn
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
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The numbers: The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a ...
Progress on Reducing Core Inflation Has Stalled
A closely watched subset of the Federal Reserve’s preferred inflation measure has been stuck above the central bank’s target ...
American consumers say they're struggling. Tariffs will make inflation much worse.
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Stock futures are little changed as Wall Street awaits Fed's preferred inflation reading: Live updates
U.S. stock futures opened little changed on Tuesday night as traders await the release of the Federal Reserve's favorite ...
Fed survey finds inflation fading as a risk next to debt, trade wars
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
think8h
FX Daily: Sticky inflation to keep dollar supported
Even though the market has largely moved on from the US inflation story, a sticky reading will add to doubts that the Fed ...