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 ...
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Fed cuts rates, notes job market easing and solid economic growth
“Economic activity has continued to expand at a solid pace,” the central bank’s rate-setting Federal Open Market Committee said at the end of a two-day policy meeting in which officials lowered the ...
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines
The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed's overall rate edges back to its 2 percent target.
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 ...
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.
Markets See Another Cut At November Fed Interest Rate Meeting
Markets expect the Federal Open Market Committee to cut interest rates again by 0.25% on November 7 with a larger cut ...
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Inflation gauge closely watched by Fed falls to near pre-pandemic levels
As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said ...
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 ...
ABC Columbia6d
Inflation cools further ahead of possible rate cut
(CNN)– Inflation cooled even more last month ahead of a possible rate cut. Inflation is now just shy of the Federal Reserve’s 2% target. According to the Commerce Department’s data released on ...