The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy.
Similar Stories to Key Us Inflation Measure Surges At Fastest Rate Since June on Bing News
Paul Wiseman, Orlando Sentinel: Business
Fri, 02/24/2023 - 8:34am
BING NEWS:
- Against the odds: Inflation is dead and the economy is healthy
The Federal Reserve has pulled off a soft landing, a rare achievement that's been lost in the fog of a tight election battle.
10/7/2024 - 3:42 am | View Link - U.S. Hiring Surges, Surpassing Expectations
The labor market bounced back in September, adding 254,000 jobs, a sign that economic growth remains solid. The unemployment rate fell to 4.1 percent.
10/3/2024 - 11:10 pm | View Link - Two Measures Of Inflation: August 2024
Price Index for August showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%.
10/2/2024 - 8:40 pm | View Link - Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.
09/27/2024 - 6:38 pm | View Link - Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts.
09/27/2024 - 6:38 am | View Link - More
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