October

Inflation showed welcome signs of moderating in October, but remained uncomfortably fast even as a slew of economic data underlined that a return to normal price increases could take time. Prices as measured by the Personal Consumer Expenditure Index, the measure the Federal Reserve is watching most closely, climbed 6% on the year to October, …

The Fed’s favorite inflation gauge slowed in October Read More »

Inflation showed signs of easing but remained stubbornly high in October as a series of economic data underlined that a return to normal price increases could take time. Prices as measured by the Personal Consumption Expenditure Index, the metric the Federal Reserve is watching most closely, rose 6% in the year to October, the report …

The Fed’s favorite inflation gauge slowed in October Read More »