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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.
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.
inflation, Growth Cools and Street stocks
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.
US stocks surge, dollar drops after cool inflation report
By Stephen Culp NEW YORK (Reuters) -Wall Street stocks rose sharply 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.
Wall Street rallies on cooler-than-expected US inflation report
Wall Street rallied to close higher at the end of the penultimate trading week of 2024, lifted by a lower-than-expected US inflation report that allayed some investor concerns about the coming second administration of Donald Trump.
13h
on MSN
Dow Rises 500 Points On Strong Inflation Data—Best Day In 6 Weeks As Stock Market Bounces Back
Fresh off of its worst losing streak in 50 years, the Dow Jones Industrial Average stormed forward Friday following a ...
12h
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 ...
15h
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
19h
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.
11h
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 ...
16h
on MSN
Gold climbs after soft US inflation data; still set for weekly loss
Gold prices extended gains on Friday, supported by a softer dollar and Treasury yields after U.S. economic data indicated a ...
17h
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 ...
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