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Fed's Inflation Gauge Shows Easing Price Pressures
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.
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.
Key Fed inflation measure shows 2.4% rate in November, lower than expected
Prices barely moved in November but still held higher than the Federal Reserve’s target when looked at from a year ago, according to a Commerce Department measure released Friday.
Stock, inflation
PCE Inflation Report: Price Growth Cools Slightly
The PCE price index was up 0.1% in November and 2.4% from a year earlier. Economists expected a 0.2% monthly rise and 2.5% annual gain.
Stock futures pare losses after inflation report
Stock futures got a bit of a boost on Friday after the latest reading from the Federal Reserve's preferred gauge of inflation came in slightly cooler than expected. PCE headline inflation rose just 0.
US stocks end sharply higher, dollar drops after inflation report
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and fresh tariff threats from U.S. President-elect Donald Trump.
9h
Stocks rally after inflation data but close lower for the week
U.S. stocks rallied to close out the trading week on Friday after two lackluster sessions as a cooler-than-expected inflation ...
13h
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
CNET on MSN
17h
Inflation Could Be Reducing the Value of Your Credit Card Rewards. Here's What to Do
People who redeem their rewards quickly tend to get the most value overall due to inflation and rewards program devaluations.
9h
Stock market today: Dow, S&P 500, Nasdaq rebound on fresh inflation data to cap volatile week
Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed ...
10h
Dow Jones Today: Stocks Rise After Benign Inflation Data to Close Out Turbulent Week; Major Indexes Post Weekly Losses
Stocks finished higher on Friday, recovering a portion of the massive losses posted earlier in the week, as the market ...
14h
on MSN
Caregiving and Inflation Stress Retirement Plans, Says SOA Survey
The Society of Actuaries’ latest survey reveals growing financial insecurities for retirees and pre-retirees, highlighting ...
16h
on MSN
Russia's central bank holds off on interest rate hike amid friction between inflation, war spending
Russia's central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
17h
The global inflation battle is stalling and diverging
Investors had been expecting a continued normalisation of interest rates and inflation next year. The committee’s “dot plot” ...
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