Tag Archives: Inflation

PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times Core inflation rose to 2.9% in July, highest since February  CNBC US consumer spending strong; core inflation warmer on services  Reuters Inflation is climbing. Trump might still get lower rates.  Politico Here are the biggest takeaways from the government’s latest inflation data  CBS News Source link

The July PCE Inflation Data Are Out. What They Mean for Rates.  Barron’s Core inflation rose to 2.9% in July, highest since February  CNBC Americans kept spending last month despite elevated inflation  CNN PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times US consumer spending strong; core inflation warmer on services  Reuters Source link

Key Takeaways The July Personal Consumption Expenditures index showed that overall prices rose by 2.6% over the past year, meeting economists’ forecasts and matching the prior month’s results. The closely followed core PCE inflation reading ticked slightly higher from the prior month to 2.9%. Federal Reserve officials are closely monitoring inflation ahead of a possible interest rate cut next month. …

Stock Market Today: Tech-heavy Nasdaq drops sharply; Dow and S&P 500 fall after PCE inflation report as stocks head for weekly decline  MarketWatch Stock market today: Dow, S&P 500, Nasdaq fall from records after PCE inflation data  Yahoo Finance Wall St falls as Dell, Nvidia drive tech losses  Reuters Stock Market Today: Dow Falls 100 Points; Inflation Holds Above Target — Live Updates  The …

Stocks decline, US Treasury yields rise; US inflation data mostly in line  Reuters Stock market today: Dow, S&P 500, Nasdaq fall from records after PCE inflation data  Yahoo Finance Stock Market Today: Dow Falls 200 Points; Cook Hearing Is On; Inflation Holds Above Target — Live Updates  The Wall Street Journal Stocks edge back from their latest all-time highs on Wall Street  AP News …

Wall Street opens lower after inflation data; tariff concerns weigh  Reuters Stock market today: Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data  Yahoo Finance Stock Market Today: Dow Falls 200 Points; Cook Hearing Is On; Inflation Holds Above Target — Live Updates  The Wall Street Journal S&P 500 retreats from record Friday, but heads for 4th …

Wall Street slips as inflation data fans tariff concerns  ReutersView Full Coverage on Google News Source link

Morning Bid: Inflation update tests Fed doves  Reuters Tech Stocks Drop in Risk-Off Trade Ahead of PCE: Markets Wrap  Bloomberg.com World shares are mostly lower ahead of a US inflation update  AP News Asia stocks mixed after Wall St hits new highs  Yahoo Finance Precast Concrete Expert Scott Stavig Shares Insights on the Growth of the Rogue Valley in HelloNation  Morningstar Source link

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Excluding the volatile food and energy categories, prices rose 2.9% from …

Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are working their way through the U.S. economy. The personal consumption expenditures price index showed that core inflation, which excludes food and energy costs, ran at a 2.9% seasonally adjusted annual rate, according to a Commerce Department report Friday. That was …