Tag: preferred

Fed’s preferred inflation gauge shows prices rose at slowest pace since March 2021

Posted on June 28, 2024 by thenewsaffair.com

The latest reading of the Fed’s preferred inflation gauge showed inflation eased in May as prices increased at their slowest pace since March 2021. The core Personal Consumption Expenditures (PCE)….

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The Fed’s Preferred Inflation Measure Cools, Welcome News

Posted on June 28, 2024 by thenewsaffair.com

The Federal Reserve’s preferred inflation measure continued to cool as consumer spending grew only moderately, good news for central bankers who have been trying to weigh down demand and wrestle….

Fed’s preferred inflation gauge was up 2.6% in May

Posted on June 28, 2024 by thenewsaffair.com

A key inflation gauge used by the Fed to track inflation was up 2.6% last month — a fresh signal that prices may have begun to ease recently after several….