US Jobs Data Will Help Fed Gauge Extent of Moderation: Eco Week
Breadcrumb Trail LinksPMN BusinessUpcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for…
Fed’s Preferred Price Gauge to Reinforce Rate Cuts: Eco Week
Breadcrumb Trail LinksPMN BusinessUS inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending…
PCE, key fed inflation gauge, rose 2.8% in June on par with expectations
The personal consumption expenditures price index rose on par with analysts' expectations, presenting signs of slowing inflation in the gauge favored by the Federal Reserve.…
Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about…
Catalans vote to gauge push for split or reconciliation with Spain | Catalonia News
Opinion polls suggest a comfortable lead for a candidate backed by Socialist Prime Minister Pedro Sanchez. Polls have opened in Catalonia in a regional parliamentary…
Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials are about get further confirmation that inflation progress has stalled, supporting what appears to be a shift in tone…
US Inflation Gauge Seen Bolstering Fed Patience on Rates
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about…