CBS News on MSN4d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point ...
Total PCE Inflation Gets Closer To The Fed’s 2% Target
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...
CNET8m
What This Week's Fed Rate Cut Could Mean for Your Money
The Fed made a 0.5% rate cut on Sept. 18 and is projecting a smaller 0.25% cut on Nov. 7. Though one single interest rate cut ...
The Daily Signal1d
30 Years of Inflation Crammed Into Less Than 18 Months
About 30 years of price increases have been thrown at households in less than a year and a half, ravaging their purchasing ...
Not Only Would Banks Not Cause Inflation, They Could Not Cause It
It’s so easily forgotten that banks earn dollars. This is important in light of the truth about actual inflation: it’s a ...
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Malanga: Strong GDP Growth Amid Inflation, Fed Rate Cuts Expected but Fiscal Concerns Loom
The Fed, which has traditionally stayed clear of fiscal policies ... Malanga’s bottom line: The sustainability of the ...
CNET on MSN5h
Why This Week's Fed Meeting Might Not Matter as Much as Next Year's
The Federal Open Market Committee is meeting Nov. 6 to 7 and again in December. After making a larger, half-percent cut in ...
CNN on MSN4d
Trump’s former pick to join the Federal Reserve has proposed a radical solution to solve inflation
Currently, the Fed targets a stable inflation rate, where prices rise at a slow-but-steady pace of just 2%. It’s supposed ...