Fed’s preferred inflation gauge eases to 2.5% in June
The Federal Reserve’s preferred inflation measure rose 2.5% year-on-year in June, in line with market expectations and raising hopes of a rate cut in September. The Commerce Department said on Friday that the personal consumption expenditures index (PCE) rose 0.1% in June from the previous month, while core PCE, which excludes volatile food and energy […]
Fed's preferred inflation gauge ticks higher in June
The Federal Reserve’s preferred inflation measure rose slightly in June, according to new data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index rose 0.1% last month and is up 2.5% over the past year. Core PCE, which excludes more volatile food and energy prices, rose 0.2% in June and is […]
My Chase Ink Preferred Card Approval Experience – One Mile at a Time
In the interest of full disclosure, OMAAT earns a referral bonus for those who are approved through one of the links below. These are the best publicly available offers we found for each product or service (terms and conditions apply). Opinions expressed here are the author’s alone and are not those of any bank, credit […]
‘Concord’ game mocked for characters with preferred pronouns
A first-person shooter called “Concord” was criticized for being overly progressive after its developers introduced several of the game’s characters and revealed that their preferred pronouns would be displayed on the character selection screen. Firewalk Studios director Kim Clynes showed off the game during PlayStation’s State of Play event, which brings you news and announcements […]
Fed’s preferred inflation gauge was up 2.6% in May
The key inflation measure the Fed uses to track price growth rose 2.6% last month, in line with analysts’ expectations. Stock market futures rose across the board early Friday as investors expect central banks to cut interest rates later this year. The personal consumption expenditures index (PCE) is the Fed’s preferred inflation measure. The personal […]
Obama stresses critical Dem Senate majority for appointing preferred judges
Former President Barack Obama, at a fundraiser Wednesday night, stressed the importance of maintaining a Democratic majority in the Senate and underscored the Senate’s unique authority to confirm judges nominated by the president. “The ability to appoint judges has never been more important than it is today,” he said during the event in Potomac, Maryland. […]
The Two Best Cards To Pair With The Chase Sapphire Preferred – Forbes
Chase Sapphire Preferred and Chase Freedom Unlimited If you combine the Sapphire Preferred and Freedom Unlimited, you’ll want to choose the right card for each purchase to maximize your points: Use the Sapphire Preferred for dining, online grocery orders, some streaming services, and travel. Then use the Freedom Unlimited for drugstore purchases and all other […]
The Chase Sapphire Preferred Got Even Better With a $900 Welcome Bonus – CNET
Andriy Onufriyenko/Getty Images If you’re looking for a new travel credit card, listen up. Chase is offering a limited-time 75,000 point welcome bonus when you open a Chase Sapphire Preferred® Card or Chase Sapphire Reserve® and spend $4,000 within three months. “This is a powerful bonus on a good card,” said Jason Steele. credit card […]
Fed’s Preferred Inflation Gauge Show Prices Rising Sharply
The Fed’s recommended inflation measure showed prices rose sharply again in March, confirming that progress in bringing inflation down to the Fed’s 2% target has stalled. The personal consumption expenditure price index for March rose 0.3%, the Commerce Department released Friday. Compared to a year ago, the index is up 2.7%, slightly ahead of Wall […]
The Fed’s preferred inflation gauge just moved in the wrong direction – CNN
Yuki Iwamura/Bloomberg/Getty Images A shopper carries a Macy’s bag outside the company’s flagship store in New York’s Herald Square neighborhood on April 11. CNN — Inflation remained high last month, but that hasn’t stopped Americans from spending. The Personal Consumption Expenditure Price Index, closely watched as the Federal Reserve’s favored inflation indicator, accelerated to 2.7% […]