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Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...

Inflation Rises Sharply on PCE Data—Will Fed Hold Off on Rate Cuts?

June PCE inflation rose 0.3%, the highest in four months, raising doubts over a fall rate cut as tariff effects push prices ...

Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data

The roller coaster ride began on Wednesday. After the Federal Open Market Committee (FOMC) held its key policy rate steady ...
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Key Fed Inflation Rate Overshoots As Layoffs Jump; S&P 500 Climbs

The Federal Reserve's primary inflation gauge, the core PCE price index, rose more than expected in June. The hurdle to a Fed ...

As the Fed Meets, Here’s Where Inflation Stands

The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...

Another blow to September Fed rate cut hopes after stubborn PCE inflation data

The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...