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

Dec 20, 2024 · The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes …

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The Fed’s Favorite Inflation Gauge Just Heated Up - CNN

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May 26, 2023 · The closely watched core PCE index — where volatile components of food and energy are excluded — unexpectedly ticked up: The Fed’s go-to gauge was up 4.7% for the …

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Inflation Surprisingly Rose In January, According To The Fed’s ...

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Feb 24, 2023 · The Fed’s go-to inflation gauge, the Core PCE index (which strips out the often volatile food and energy categories) showed prices rising 0.6% on a monthly basis and 4.7% …

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CPI Report: US Stocks Surge After Latest Inflation Report Shows

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Jan 15, 2025 · Excluding energy and food, the closely watched core CPI gauge slowed for the first time in months, rising just 0.2% from November and easing to 3.2% after staying stuck at 3.3% …

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Dow Plunges By More Than 1,100 Points After Fed Projects Fewer

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Dec 18, 2024 · Inflation heated back up again in November, with consumer prices up 2.7% for the 12 months ended in November, the highest annual rate since July, according to data from the …

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Latest Inflation Data Gives A ‘bright Green Light’ For A Rate Cut

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Aug 30, 2024 · The Federal Reserve’s go-to inflation gauge held at 2.5% in July, Commerce Department data showed Friday. That’s better than anticipated and shows progress — but still …

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US Inflation Ticked Higher Last Month, In Latest Sign Of Persistent ...

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Jan 31, 2025 · When measured in shorter time frames, inflation is slowing: In December, core prices ticked up 0.2% from the previous month, a pace that is nearly consistent with the Fed’s …

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Buckle Up: The Fed Is About To Get Tough On Inflation

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Apr 21, 2022 · Bond investors have already figured out that rates have nowhere to go but up. The yield on the benchmark 10-year Treasury is now hovering near 2.9%, up from about 1.5% at …

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To Fight Inflation, The Fed May Resort To A Tool It Hasn’t Used ... - CNN

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Feb 10, 2022 · Investors are now pricing in a 99% chance that the Fed raises interest rates by 50 basis points in March, according to the CME Group’s FedWatch tool, up from just 24% on …

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Inflation Remains Stubborn. Could It Get Worse Under Trump? - NPR

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Jan 15, 2025 · Consumer prices rose 2.9% in December compared to a year ago, according to government data out on Wednesday. That's substantially lower than the four-decade high of …

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Fed Hits Pause On Interest Rate Cuts Amid Trump’s Flurry Of ... - CNN

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Jan 29, 2025 · Central bank officials opted to keep borrowing costs at a range of 4.25% to 4.5% as they await further progress on inflation. While the Fed does not appear in a rush to bring …

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

Is the Fed's go-to inflation gauge a good idea?

The Federal Reserve’s go-to inflation gauge held at 2.5% in July, Commerce Department data showed Friday. That’s better than anticipated and shows progress — but still underscores the bumpy process for inflation’s descent. ...

Is the Fed's core PCE index a good indicator for inflation?

The Fed’s go-to inflation gauge, the Core PCE index (which strips out the often volatile food and energy categories) showed prices rising 0.6% on a monthly basis and 4.7% for the 12 months ending in January. That’s a fair share hotter than what economists were expecting. ...

Are consumer prices still rising if inflation is cooling?

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts. ...

Is inflation spitting away from the fed's target?

“Bottom line, it indicates that inflation continues to moderate and is within spitting distance of the [Fed’s] target.” The core PCE index, a closely watched measure of underlying inflation that strips out the more volatile components of food and energy, held steady as well by rising 0.2% for the month and 2.6% annually. ...

Is inflation easing?

WASHINGTON -- An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. ...

Does the Fed know 2% inflation has stalled out?

“The progress toward 2% inflation has stalled out, and the Fed knows it,” said Greg McBride, chief financial analyst at Bankrate. Officials “gave no indication in their post-meeting statement that a resumption of rate cuts is likely at the next meeting in March,” he wrote in a note after the Fed announcement. ...