CBS News on MSN12d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
While inflation has cooled, prices remain high — they're just rising at a slower rate than during the inflationary peak of ...
The Hill12d
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
The Commerce Department reported that prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in August. That is barely above the Fed’s 2% inflation target and in line with ...
The Associated Press on MSN12d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
The Commerce Department reported that prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in August ...
Hindustan Times on MSN1h
Consumer inflation at 14-month high of 6.2%
Headline Consumer Price Index based inflation increased from 3.7% in August 2024 to 5.5% in September and 6.2% in October.
Washington Examiner on MSN12d
Inflation fell to 2.1% for September in Fed’s preferred gauge days before election
The government released its latest PCE inflation numbers — the last such report ahead of the elections on Tuesday.
Altoona Mirror11d
Inflation gauge falls to lowest level since 2021
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...
Editorial: Soaring inflation
With inflation not expected to return to 4% medium-term target until at least 2026, there are fears that rate cut could be ...
Biden official: Inflation down without sacrificing growth in Arizona
That is down from 2.3% in August and on target for the Federal Reserve's inflation goal of 2%. "One interpretation of that is it means inflation is generally back to where it was pre-pandemic," ...
Fed's favored inflation gauge showed price growth continued to slow in September
The Federal Reserve is focusing on the PCE headline figure as it tries to bring the pace of price increases back to 2%, ...
Zawya17h
India's CPI inflation is likely to breach 6% in October: UBI report
India's retail inflation for September reached 5.49 per cent from 3.65 per cent in August, reflecting an uptick primarily due ...
Egyptian inflation seen as having risen to 27% in October
Inflation in Egypt is estimated to have climbed to 27.0% in October, pushed up by higher education costs and a fuel price increase in the middle of the month, according to a poll released on Wednesday ...