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Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
Inflation Rises Sharply on PCE Data—Will Fed Hold Off on Rate Cuts?
June PCE inflation rose 0.3%, the highest in four months, raising doubts over a fall rate cut as tariff effects push prices ...
Another blow to September Fed rate cut hopes after stubborn PCE inflation data
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
Stock Futures Hang On to Gains After PCE Inflation Report
Stock futures held on to tech-fueled gains after the Federal Reserve’s preferred inflation gauge ran a touch hotter than expected. The core personal consumption expenditures price index, which ...
As the Fed Meets, Here’s Where Inflation Stands
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...
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Fed Rate-Cut Odds Slide On Powell Framework; S&P 500 Falls
The S&P 500 turned lower as Chairman Jerome Powell continued to signal no rush to cut rates. Investors also are gearing up ...