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, muddling 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.
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.
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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.
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 ...
Wall Street sees 'slower' pace of Fed rate cuts in 2025
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in ...