WASHINGTON — As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the ...
Incomes rose more slowly last month, the government said, rising just 0.3%. In response, Americans cut back on their savings, leaving the savings rate at 4.6%, down from 4.8% the previous month ...
WASHINGTON (AP) — As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the ...
Still, for the past six months, core inflation has declined to a 2.3% annual rate, down from 2.5% in August. And economists expect the Fed to cut its key rate by a quarter-point when it meets next ...
An inflation gauge monitored by the Federal Reserve has dipped to its lowest level since 2021. Inflation surged at 7.1% in June 2022 after the economy transitioned from the pandemic recession at a ...
An inflation gauge closely watched by Federal Reserve ... although policymakers view the core data as a better indicator of inflation. Headline PCE was down from 2.3% in August to 2.1% in ...
In November 2022 this portable generator was recalled because an unlocked handle can pinch consumers’ fingers against the generator frame when the generator is moved, posing finger amputation ...
The Fed tends to favor the inflation gauge that the government issued Thursday — the personal consumption expenditures price index — over the better-known consumer price index.
"The headline inflation rate, influenced as it is by a few food items, may not be the most accurate gauge of underlying demand," the government said. This is not the first time that the Department ...
The monthly CPI indicator rose 2.1% in the 12 months to September. The most significant price rises at the Group level were Food and non-alcoholic beverages (+3.3%), Alcohol and tobacco (+6.3%), and ...