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PCE Inflation Rate Ticks Higher, Keeping Fed On Fence
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
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.
PCE Inflation Rate Ticks Higher, Keeping Fed On The Fence; S&P 500 Slips
The Federal Reserve's primary inflation rate, tied to the core PCE price index, ticked higher in October, muddling prospects for a December rate cut. The S&P 500 was slightly lower after the release as investors processed the implications for the Fed outlook.
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1d
US core CPI, PCE, PPI inflation surge for the first time since 2022. What now for the Fed?
The Federal Reserve is staring at its worst-case scenario. All three major inflation indicators—Core Consumer Price Index ...
4d
Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second ...
1d
The Fed is Losing the Inflation Battle. Investors Don’t Care
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
3d
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Key Fed inflation gauge shows PCE 'going sideways'
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases were flat in October from the ...
3d
October PCE Data: Key to Fed Policy, Yields, Dollar, Gold, and Stock Moves
The Fed’s cautious stance on rate cuts hinges on October PCE data—learn how it could impact yields, the dollar, gold, and ...
1d
Wall Street sees 'slower' pace of Fed rate cuts in 2025
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in ...
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