“The year-over-year core PCE print indicated a 2.7% increase suggesting that the Fed is still on a bumpy course in this last mile to quell inflation and declare victory,” Quincy ...

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

The slowdown in inflation has come as a big relief to the Federal Reserve - not to mention millions of Americans frustrated by high prices. But the battle is not over just quite yet. The Fed's ...

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...

The Fed watches core PCE closely to help forecast where inflation is heading, and further increases could raise doubts about ...

That “core” inflation figure was unchanged from the previous reading, a sign that it was proving slow to cool. And on a monthly basis, core inflation actually accelerated slightly. While the ...

Yet some signs of inflation pressures remained. Excluding volatile food and energy costs, so-called core prices rose 2.7% in September from a year earlier for the third straight month. On a ...

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 ...