Fed’s Favored Inflation Metric Ticked Up To 6-Month High

Inflation ticks up to 2.3% in Fed’s preferred gauge
Inflation rose two-tenths of a percentage point to 2.3% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the Federal Reserve’s preferred gauge. The rise in the personal consumption expenditures index from 2.
Fed’s Favored Inflation Metric Ticked Up To 6-Month High In October
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price increases continue to plague consumers.
The Fed's Preferred Inflation Measure Remains Stubbornly High
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing an economic downturn. The data hasn't cooperated. Over the 12 months through October,
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through October, as progress on slowing price growth appears to have stalled in late 2024.
Fed’s Favorite Inflation Gauge Picks Up, in Line With Forecasts
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Key Fed gauge shows inflation is 'going sideways'
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate decision.
US inflation gauge ticks higher with price pressures still stubborn
According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3 percent in October from a year earlier, the Commerce Department said Wednesday.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
Fed inflation gauge ticked higher in October amid consumer spending boost
Markets focus on the core PCE inflation reading, which the Fed considers a more accurate representation of overall price pressures, as it incorporates changes in consumer spending

Fed, Inflation

The Fed’s Favorite Inflation Measure Sped Up in October
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
Inflation ticks higher, upping shopping season pressure
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
Stock Market Today: Dow Futures Waver, Bond Yields Fall Ahead of PCE Inflation Report
The Federal Reserve's favored inflation gauge is due this morning ...
Stock futures are little changed as Wall Street awaits Fed's preferred inflation reading: Live updates
U.S. stock futures opened little changed on Tuesday night as traders await the release of the Federal Reserve's favorite ...
Fed survey finds inflation fading as a risk next to debt, trade wars
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
Fed Minutes Show Greater Confidence About Jobs and Inflation
Several policymakers said they were less worried about an economic slowdown than they had been in September, when the Fed ...
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FX Daily: Sticky inflation to keep dollar supported
Even though the market has largely moved on from the US inflation story, a sticky reading will add to doubts that the Fed ...