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Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday.
Key inflation metric rises 0.2% in October, 2.3% annually, in line with expectations
Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate from the Bureau of Economic Analysis was in line with Dow Jones expectations.
Fed’s preferred inflation gauge ticked higher to 2.8% — stoking doubts on December rate cut
The Federal Reserve’s preferred measurement of inflation showed the rate of price increases ticked a bit higher in October, which will likely reinforce the central bank’s cautious approach when it meets to decide on cutting interest rates next month.
US Fed's favored inflation gauge ticks up in October
US inflation -- set to be a key issue for incoming president Donald Trump -- accelerated slightly last month, according to data published Wednesday, underscoring price pressures in the world's
Footballguys
8m
Gameday Expectations: Thanksgiving Day Special
This article summarizes all the injuries before the Thanksgiving slate of games with a breakdown of fantasy production ...
Opinion
1d
Opinion
Trump’s real challenge: Managing expectations and focusing on reality
The greatest threat to President-elect Donald Trump’s new administration comes not from Democratic Party officials or ...
1d
HP earnings in line with expectations, CEO says tariffs would hit the consumer
It's all eyes on artificial intelligence PC demand and tariffs for HP Inc. ( HPQ) CEO Enrique Lores entering 2025.
Marketplace
7d
Inflation expectations are calm, but some expect that to change
The Federal Reserve may take note of whether businesses anticipate having to pay higher wages or raise prices under the next ...
8d
on MSN
Wall Street is lowering expectations for corporate profits in 2025. Should investors be concerned?
Wall Street analysts are partaking once again in a longstanding holiday tradition: lowering their projections for how much ...
2d
10 Ways AI Is Transforming Customer Expectations In E-Commerce
AI's ability to deliver tailored shopping experiences is a game-changer. AI can analyze vast amounts of customer data—from ...
1d
on MSN
As Coloradans sit down for Thanksgiving dinner, managing expectations can relieve stress
As Coloradans prepare to sit down for Thanksgiving dinner, managing
expectations
is key to regulating stress. "Acknowledge ...
1d
No expectations of a swift deal for Gaza after Lebanon ceasefire
Following a deal to end more than a year of fighting between Israel and Lebanon's Hezbollah, attention has swung back to the ...
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