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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control.
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts.
Dow trades in record territory
Stock market today: US indexes gain after soft inflation report supports more rate cuts
"The Fed feels as though it has won the battle on inflation and its primary focus is making sure the job market stays steady," Clark Bellin said
Stock Market Today: Dow trades in record territory after latest inflation report
U.S. stocks were trading mixed around midday Friday, with the Dow Jones Industrial Average trading in record territory, according to FactSet data, at last check. The Dow was up 348 points, or 0.8% at 42,
Stock market today: Wall Street listless ahead of latest inflation report
Premarket trading on Wall Street was relatively listless Friday ahead of the government's latest inflation report. Futures for the S&P 500 and the Dow Jones Industrial Average were essentially unchanged less than two hours before the opening bell,
1d
Latest inflation data could boost case for more big Fed rate cuts
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower ...
Opinion
1d
Opinion
Column: American economists and consumers got inflation wrong during its recent surge. They still do
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
1d
on MSN
Inflation Continues to Decline, Beating Forecasts
The latest report shows that inflation remains on a downward trajectory. A measure of inflation followed closely by the ...
1d
PCE report for August: Inflation slows with core running below forecast
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
1d
on MSN
Dow closes at record high as tame inflation report also lifts small caps
U.S. stock index futures moved higher on Friday after an inflation reading supported the narrative of moderating inflation in ...
2d
Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
1d
on MSN
US Inflation Hits Fed’s 2% Goal Early 2025 in Economists Survey
Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up ...
1d
on MSN
A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving ...
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