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Inflation, Federal Reserve
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through October, as progress on slowing price growth appears to have stalled in late 2024.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
Key inflation metric rises 0.2% in October, 2.3% annually, in line with expectations
Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate from the Bureau of Economic Analysis was in line with Dow Jones expectations.
Trump, Mexico and inflation
Mexico's president says Trump tariffs will worsen inflation
President of Mexico Claudia Sheinbaum says Trump's threat of 25% tariffs would cause inflation for both countries.
How Do Tariffs Work and Will Trump's Plan Cause Inflation?
President-elect Donald Trump said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.
Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.
4h
US Consumer Price Increases Accelerated Last Month With Inflation Pressures Resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
2h
on MSN
Inflation inches up in German states, pointing to national rise in November
Inflation rose in a number of German states in November, preliminary data showed on Thursday, suggesting that the national ...
3h
RBA’s Bullock Says Inflation Is ‘Too High’ to Consider Rate Cuts
Australia’s core inflation is “too high” to consider interest-rate cuts in the near term, Reserve Bank Governor Michele ...
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