"The (Fed) has gained greater confidence that inflation is moving sustainably toward 2%, and judges that the risks to achieving its employment and inflation goals are roughly in balance,” the ...

The next meeting of the Federal Open Market Committee (FOMC) on Nov. 7 will show once and for all how the Fed intends to handle conflicting inflationary forces. As Cointelegraph reported ...

Although total PCE inflation has made progress toward the Fed’s 2% target, core PCE inflation still needs to fall further. Personal Consumption Expenditures (PCE) inflation has slowed ...

The Fed has two official goals: Central bankers are supposed to control inflation and maintain a strong labor market. That means that when inflation is rapid, as it was from 2021 to 2023 ...

Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point away from the Fed's target is a significant achievement. Last month ...

That is barely above the Fed’s 2% inflation target and in line with readings in 2018, well before prices began surging after the pandemic recession. Yet some signs of inflation pressures remained.

The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from 2.3% in August ...

An inflation gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price growth trended closer to the Fed's target in September. The Commerce ...

That is nearly back to the Federal Reserve’s 2 percent inflation goal — good news for both the Fed and the White House. It is also slower than the previous reading, which stood at 2.3 percent.

The latest reading of the Fed's preferred inflation gauge showed that prices increased largely in line with Wall Street's expectations in September. The core Personal Consumption Expenditures (PCE ...