The Fed’s go-to inflation gauge ticked up less than expected

Dec 20, 2024 · US inflation has cooled substantially this year, but has been moving sideways in recent months, prompting the Federal Reserve to take a more cautious approach to rate cuts …

CouponFollow Extension

2%
OFF

Surprise! Fed-favored Inflation Gauge Shows Slower Price Increases …

3 weeks from now

Dec 20, 2024 · Fed-favored inflation gauge shows slower price increases in November Yet PCE index drifts further away from 2% goal Last Updated: Dec. 20, 2024 at 8:54 a.m. ET First …

marketwatch.com

4%
OFF

The Fed's Favorite Measure Of Inflation Was Surprisingly

3 weeks from now

Dec 20, 2024 · The yearly inflation rate ticked to 2.4%, up from 2.3% in October, but lower than the 2.5% forecasters expected. Officials at the Federal Reserve would likely need to see more …

investopedia.com

1%
OFF

The Fed’s Favorite Inflation Index Just Cooled Again - Yahoo Finance

3 weeks from now

Oct 31, 2024 · The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from …

yahoo.com

1%
OFF

Fed's Favorite Inflation Gauge Cooled More Than Expected In …

3 weeks from now

Dec 22, 2023 · In another sign the Fed's fight against inflation is making progress, core prices — which strip out the more volatile measurements of food and energy — climbed 0.1% from the …

financialcontent.com

1%
OFF

The Fed’s Favorite Inflation Index Just Cooled Again - CNN

3 weeks from now

Oct 31, 2024 · The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from …

cnn.com

1%
OFF

Fed’s Favored Inflation Measure Continued To Cool In November

3 weeks from now

Dec 23, 2022 · The PCE Price Index rose 0.1% in November and 5.5% year-over-year, easing from 6.1% in October. It was the lowest 12-month rise since October 2021.

investopedia.com

5%
OFF

Inflation Hits Lowest Level Since 2021, Fed's Preferred Gauge Shows

3 weeks from now

Nov 30, 2023 · With the Fed’s favored inflation gauge — core PCE inflation — likely falling below 2.5% in the spring, we expected the first Fed rate cut in June 2024." Read more: What the Fed …

yahoo.com

7%
OFF

Fed Official Expresses Caution About Inflation’s Direction

3 weeks from now

3 days ago · Investors were finally induced to buy the dip after a five-day drop shaved more than a trillion dollars off share prices. The Nasdaq 100 climbed 1.7% while the S&P 500 rose 1.3%. …

bloomberg.com

FAQs about The Fed’s go-to inflation gauge ticked up less than expected Coupon?

Is the Federal Reserve's favored inflation gauge still high?

The Federal Reserve's favored inflation gauge came in lower than expected in November, but it still remains above the central bank's target level as they continue efforts to wrestle inflation down. ...

Why did the Fed's key inflation measure come in below expectations?

The Federal Reserve’s key inflation measure came in below expectations for November, delivering welcome relief Friday to markets after the central bank warned earlier this week of mounting price pressures heading into the new year. ...

Which inflation gauge does the Fed use?

The Fed tends to favor the inflation gauge that the government issued Friday — the personal consumption expenditures price index — over the better-known consumer price index. The PCE index tries to account for changes in how people shop when inflation jumps. ...

Will November inflation figures support fed easing rates?

The November inflation figures offer some support for the Fed's recent decision to begin easing rates. The PCE index, which the central bank favors over the more widely followed Consumer Price Index (CPI), is now closer to the Fed's two percent target than the CPI. ...

How does the Fed measure inflation?

On inflation, the Fed sees inflation as measured by the Personal Consumption Expenditures index declining from 2.4 percent in 2024 to 2 percent in 2027. The C.B.O. projects P.C.E. to decline from 2.4 percent this year to 2 percent in 2027. P.C.E. is the Fed’s preferred inflation measure. ...

Is inflation running above the Fed's preferred 2% target?

Both the core and headline numbers point toinflation that is running well above the Fed's preferred 2% target, a troubling sign as the central bank is already hiking interest rates at the fastest pace in decades. Policymakers have already approved seven straight rate hikes, pushing the federal funds rate well into restrictive territory. ...