Fed’s Preferred Inflation Gauge Remains Above Target Range - WSJ

Fed’s Preferred Inflation Gauge Remains Above Target Range  WSJ

The headline PCE price index rose 3.7% annually, topping consensus by 0.1 percentage point, while core inflation matched expectations at 3.3%

The Federal Reserve’s preferred measure of inflation remained flat in July, according to data from the Bureau of Economic Analysis released Wednesday.  The personal consumption expenditures (PCE) price index ticked up 0.2 percent last month, rising 3.7 percent compared to the same time last year. Excluding more volatil

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs

Key inflation gauge remains elevated during Iran war and ongoing US trade fights  AP News

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at a slightly elevated rate in July, leaving it an open question as to whether the central bank will raise interest rates next month.

Inflation remained flat at 3.7% for the year ending in July, the Bureau of Labor Statistics said Wednesday morning in an update to the personal consumption expenditures index, which is the Federal Reserve’s preferred inflation gauge. The stagnant inflation shows that price pressures continue to pose a major threat to t

The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.

Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.

Michael Faulkender, Former Deputy Secretary of the United States Treasury,  says Kevin Warsh should reinforce his commitment to bringing inflation back to 2.0%, while arguing that energy-driven price pressures do not justify an interest-rate increase. Faulkender says the $40 trillion debt threshold may have finally foc

SINGAPORE: Singapore’s core inflation rose to 2 per cent year-on-year in July, up from 1.6 per cent in June, according to official figures released on Monday (Aug 24).This was because of higher inflation for electricity and gas, services and food, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and