subscribe
TotalNews Logo

CHOOSE LANGUAGE

SELECT LANGUAGE BELOW

Subscribe
TotalNews Logo

Tag: inflation

Core Inflation Ticks Up To 2.7%, Stuck At High Level Since May

Key indicators of inflation appear to remain well above levels consistent with the Federal Reserve's price stability goal. On Friday, the Bureau of Economic Analysis said the so-called core personal consumption expenditures (PCE) price index, which excludes food and energy prices, rose 0.1% from July. This was in line with expectations and lower than last […]

Dow hits all-time high as Wall Street cheers cooling inflation

The Dow rose more than 400 points to an all-time high on Friday as a positive inflation report cleared the way for the Federal Reserve to focus on strengthening the labor market while continuing to ease interest rates. did. In recent trading, the Dow Jones Industrial Average rose 442 points, or 1%, to $42,617. The […]

EUR/USD pares losses as soft US PCE inflation weighs on US Dollar – FXStreet

EUR/USD reversed intraday losses after August US PCE inflation report was softer than expected. France's CPI preliminary figures (EU standards) and Spain's HICP in September were below 2% year-on-year. The ECB increased expectations for a rate cut in October after weaker-than-expected inflation data from France and Spain. EUR/USD recovered most of its intraday losses in […]

Inflation measure closely watched by the Fed fell to 2.2% in August

Brian Levitt, global market strategist at Invesco, said at Barron's Roundtable that inflation has returned to its comfort zone. Inflation measures closely watched by Fed policymakers continued to slow in August as the pace of price increases trended closer to the Fed's target. The Personal Consumption Expenditures (PCE) price index released by the Department of […]

Fed’s preferred inflation gauge rose 2.2% last month

Inflation showed signs of cooling further on Friday, as Wall Street began pricing in further interest rate cuts from the Federal Reserve. The Personal Consumption Expenditures Price Index (PCE), the Federal Reserve's preferred inflation measure, showed that prices for goods and services rose 2.2% last month, lower than the 2.3% year-over-year rate expected by economists. […]

Pennsylvania poll reveals tight presidential race, inflation a key concern

A new poll shows Vice President Harris holding a narrow lead over former President Trump in the battleground state of Pennsylvania. vote Monmouth University made the announcement Wednesday. The data showed that 40% of Keystone State voters said they would definitely vote for Harris, compared with 38% who said the same for Trump. Eight percent […]