Gauge

Breadcrumbs Path LinksPMN BusinessNext week's U.S. inflation figures will reinforce the fact that long-awaited interest rate cuts are coming soon, while a reading on consumer spending suggests the central bank has managed to keep the…

WASHINGTON (AP) — The Federal Reserve's closely watched price gauge fell slightly last month, a sign that inflation may be easing after rising in the first three months of this year.Friday's report from the Commerce Department…

Breadcrumb linksPMN worksThe Fed's first measure of inflation is poised to show some modest relief from stubborn price pressures, bolstering central bankers' wisdom about the timing of interest rate cuts.Article writer:Bloomberg…

Breadcrumb Trail LinksPMN BusinessUnderlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures.Author of the…

The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his…

Shares of after executives highlighted a weaker sales outlook for markets around the world and a major cost cutting initiative.Nike said it would cut jobs and expected sales to flag as consumer spending faltered. The damaging earnings…

US stocks climbed ahead of the bell Thursday, on track for their best month this year as investors continued to bet on interest-rate cuts after a key reading on consumer inflation.Dow Jones Industrial Average (^DJI) futures paced gains with…

© Reuters. FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo By Yuka Obayashi TOKYO (Reuters) - Oil prices eased on Tuesday, giving up…

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that…

US PCE DATA KEY POINTS:August U.S. consumer spending advances 0.4% versus 0.4% expected.CorePCE, the Fed’s favorite inflation measure, climbs 0.1% month-on-month and 3.9% from a year earlier, in line with expectations down from a revised…