Inflation slowed again March, according to the Fed's preferred measure of price increases. But the PCE index showed core prices stayed high.
Similar Stories to Fed Rate Hikes Could Slow After Key Inflation Measure Eases In March, Pce Data Shows on Bing News
USA TODAY, USA Today: Money
Fri, 04/28/2023 - 8:19am
BING NEWS:
- Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
Together with a half-point cut in September, the reduction would bring the benchmark federal funds rate down three quarters of a point from its 23-year high of over 5%. The Fed hiked rates ...
11/7/2024 - 6:02 am | View Link - After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
After slashing its key interest rate by a hefty half ... related catch-up effects and the Fed’s historic rate hikes to fight inflation. “The economy has been hanging in there,” said ...
11/5/2024 - 4:13 am | View Link - PCE Inflation Tops Forecasts, But Slower Wage Growth Soothes Fed; S&P 500 Falls
The core PCE price index ran a touch too hot in September, as the key inflation gauge remained moderately above the Federal Reserve's target amid robust consumer spending. However, the Employment Cost ...
10/31/2024 - 8:30 am | View Link - More
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