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Fed's Inflation Gauge Shows Easing Price Pressures
Fed's Inflation Gauge Shows Easing Price Pressures in November
Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.
The Fed’s go-to inflation gauge ticked up less than expected last month
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 aren’t accelerating in a worrisome fashion.
The Fed’s Preferred Inflation Measure Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
Stock, inflation
PCE Inflation Report: Price Growth Cools Slightly
The PCE price index was up 0.1% in November and 2.4% from a year earlier. Economists expected a 0.2% monthly rise and 2.5% annual gain.
Stock futures pare losses after inflation report
Stock futures got a bit of a boost on Friday after the latest reading from the Federal Reserve's preferred gauge of inflation came in slightly cooler than expected. PCE headline inflation rose just 0.
US stocks end sharply higher, dollar drops after inflation report
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and fresh tariff threats from U.S. President-elect Donald Trump.
12h
on MSN
Dow Rises 500 Points On Strong Inflation Data—Best Day In 6 Weeks As Stock Market Bounces Back
Fresh off of its worst losing streak in 50 years, the Dow Jones Industrial Average stormed forward Friday following a ...
14h
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
12h
Stock Market Today: Dow books biggest gain since day after U.S. election as inflation report sparks relief
Traders brace for volatility with a record $6.6 trillion in options due to expire in Friday’s ‘triple witching’ The Fed cut ...
CNET on MSN
18h
Inflation Could Be Reducing the Value of Your Credit Card Rewards. Here's What to Do
People who redeem their rewards quickly tend to get the most value overall due to inflation and rewards program devaluations.
10h
Stock market today: Dow, S&P 500, Nasdaq rebound on fresh inflation data to cap volatile week
Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed ...
16h
on MSN
Caregiving and Inflation Stress Retirement Plans, Says SOA Survey
The Society of Actuaries’ latest survey reveals growing financial insecurities for retirees and pre-retirees, highlighting ...
17h
on MSN
Russia's central bank holds off on interest rate hike amid friction between inflation, war spending
Russia's central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
18h
The global inflation battle is stalling and diverging
Investors had been expecting a continued normalisation of interest rates and inflation next year. The committee’s “dot plot” ...
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