Federal Reserve's preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains
Fed's Inflation Gauge Shows Easing Price Pressures in November
Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.
Fed’s preferred inflation gauge in November was lower than expected, but remains elevated
The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains above where policymakers want it to be suggesting prices are still stubbornly high.
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.
Fed-favored inflation gauge surprises by showing slower price increases in November
The barometer of U.S. inflation favored by the Federal Reserve rose more slowly than expected in November, breaking what appears to a gradual drift higher in prices that forced the central bank to scale back plans to cut interest rates.
The Fed’s Preferred Inflation Measure Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
Fed’s Favored Inflation Gauge Cools to Slowest Pace Since May
The Federal Reserve’s preferred measure of underlying inflation was muted in November, a step in the right direction for policymakers looking to cut interest rates further in 2025.
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