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Inflation Cooled in Aug.. Fed Looks Like It Made Right Call.
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control.
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts.
Dow closes at record high
Dow closes at record high as tame inflation report also lifts small caps
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap stocks and enabled Wall Street's three main indexes to post weekly gains.
Dow notches record high after encouraging inflation data; S&P, Nasdaq decline
Major stock averages finished mixed Friday, with the Dow Jones Industrial Average (DJI) posting a new record closing high after the Fed's preferred inflation measure cooled further in August, while tech stocks weighed on Wall Street's other key indexes.
Dow closes at record high on tame inflation report
The blue-chip Dow Jones Industrial Average closed at a record high today as investors welcomed a subdued inflation report that also lifted small-cap stocks which stand to benefit from more interest rate cuts by the Federal Reserve.
Opinion
1d
Opinion
Column: American economists and consumers got inflation wrong during its recent surge. They still do
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
2d
on MSN
Trump’s promises would spike inflation and wipe out jobs, study finds
The changes proposed by Trump would “cause a large inflationary impulse and a significant loss of employment (particularly in ...
2d
Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
1d
on MSN
Inflation Continues to Decline, Beating Forecasts
The latest report shows that inflation remains on a downward trajectory. A measure of inflation followed closely by the ...
1d
PCE report for August: Inflation slows with core running below forecast
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
23h
Stock market today: Dow hits fresh record, stocks close out strong week as inflation cools
The Dow Jones Industrial Average ( ^DJI) gained 0.3% and finished with a fresh record. The S&P 500 ( ^GSPC) lost 0.1%, but is ...
1d
on MSN
US Inflation Hits Fed’s 2% Goal Early 2025 in Economists Survey
Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up ...
1d
Latest inflation data could boost case for more big Fed rate cuts
The Federal Reserve did not have full consensus when it voted last week to reduce interest rates by half of a percentage ...
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