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Daily Spotlight: Fed's Favorite Inflation Indicator
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Fed official sees July rate cut ‘unlikely,’ sticking with Powell’s view that coming months will be moment of truth for tariffs’ effect on inflation
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is ...
Fed's preferred inflation gauge heats up a tick in May, consumer spending, income fall
M/M vs. +0.1% consensus and +0.1% prior (unrevised), according to data released by the Commerce Department's Bureau of ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
Fed's Barkin says tariffs will start pushing up inflation
Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday tariffs are very likely to push inflation up over ...
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Fed's Kashkari says more clarity needed on tariffs' impact on inflation
Recent U.S. inflation data has been "quite positive" but some of the inflationary effect of tariffs may just be delayed, ...
Inflation At 2.7%—Higher Than Expected And Over Fed’s Goal
Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall ...
Higher inflation, slower economic growth: What the Fed expects in the months ahead
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...
Fed holds rates steady, eyes Trump tariff risks and inflation
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...