PCE Inflation Rate Ticks Higher, Keeping Fed On Fence

Key Fed inflation gauge shows PCE 'going sideways'
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases were flat in October from the prior month, raising questions over whether progress in getting to the central bank's 2% goal has stalled.
Fed's preferred inflation gauge - core PCE - rises 0.3%, as expected, in October
The Core PCE Price Index increased 0.3% M/M in October, matching the +0.3% consensus and +0.3% in September, the U.S. Bureau of Economic Analysis said Wednesday.. +2.8% Y/Y vs. +2.8% consensus and +2.
PCE Inflation Rate Ticks Higher, Keeping Fed On The Fence; S&P 500 Slips
The Federal Reserve's primary inflation rate, tied to the core PCE price index, ticked higher in October, adding uncertainty to prospects for a December rate cut. The S&P 500 was slightly lower after the release as investors processed the implications for the Fed outlook.
Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second month in a row, adding to the uncertainty about how much the central bank will reduce borrowing costs.
PCE Inflation - October
Financial markets are pricing in a 70 percent probability of a 25 basis point easing at the December meeting, with a 30 percent probability of no change.
Modest rise in PCE inflation data tees Fed up for cautious December cut
For all the small indications of sticky inflation and robust household finances, the data is sufficiently indicative of a continued long-term disinflationary trend to allow a quarter point cut in rates in December. The Fed will present a message of broad satisfaction with the data with a need to see further disinflationary progress in future.
Fed’s preferred inflation gauge ticked higher to 2.8% — stoking doubts on December rate cut
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting interest rates next month.
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 ...
The Fed is Losing the Inflation Battle. Investors Don’t Care
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Fed’s Favored Inflation Metric Ticked Up To 6-Month High In October
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
October PCE Data: Key to Fed Policy, Yields, Dollar, Gold, and Stock Moves
The Fed’s cautious stance on rate cuts hinges on October PCE data—learn how it could impact yields, the dollar, gold, and ...