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Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data
The roller coaster ride began on Wednesday. After the Federal Open Market Committee (FOMC) held its key policy rate steady ...
Inflation Rises Sharply on PCE Data—Will Fed Hold Off on Rate Cuts?
June PCE inflation rose 0.3%, the highest in four months, raising doubts over a fall rate cut as tariff effects push prices ...
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Key Fed Inflation Rate Overshoots As Layoffs Jump; S&P 500 Climbs
The Federal Reserve's primary inflation gauge, the core PCE price index, rose more than expected in June. The hurdle to a Fed ...
Another blow to September Fed rate cut hopes after stubborn PCE inflation data
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
As the Fed Meets, Here’s Where Inflation Stands
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...