The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ...
Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor ...
Inflation continued to run hot in July, underlining the Federal Reserve's dilemma as it looks to lower prices for American consumers while propping up a job market that is starting to wobble. Prices ...
Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...
Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...
Consumer price growth rose in August, the Bureau of Labor Statistics reported Thursday. It's the latest indication that the U.S. economy continues to contend with inflation even as the job market ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
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