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January inflation eases in Fed’s preferred measure

Federal Reserve Inflation Priority price gauge It was relaxed in January after steadily increasing throughout the fall. The personal consumption expenditure (PCE) price index rose 0.3% in January, easing an annual increase of 2.5% from 2.6% in December. The move was consistent with economists' expectations. “This is about the only inflation indicator the Fed can […]

Gold price eases from all-time peak; bullish potential seems intact – FXStreet

Gold prices fall back from record highs as traders choose to remove some profits from the table. Concerns about Trump's tariff plans should limit the losses of safe haven precious metals. Further reductions from the Fed could also serve as a tailwind for Xau/USD. Gold Price (XAU/USD) will stick to negative bias throughout Tuesday's Asian […]

OPM eases plans to target all federal workers on probation

The Office of Personnel Management (OPM) has directed that it does not need to be fired all federal employees while still on probation, but it encourages the removal of low performers. The direction confirmed by familiar sources comes after the OPM asked government-wide agencies and then asked them to take over a list of employees […]

Islanders looking to overcome slow start, injuries as schedule eases

The Islanders left a list of milestones on the table with Tuesday night's loss. If they had won against the Kings, it would have been their first three-game winning streak of the season, the first time the NHL has topped .500 since October 25, and the first time since December that they have more standing […]

Consumer Price Index eases, but core inflation rises unexpectedly

A surprise rise in a measure of underlying inflation last month dampened hopes of a big interest rate cut at the Federal Reserve's meeting next week. According to the U.S. Bureau of Labor Statistics, the consumer price index rose 2.5% in August from a year earlier and 0.2% from the previous month, in line with […]