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Inflation was unexpectedly cool in November, as measured by Personal Consumption Expenditures (PCE), the measure preferred by Federal Reserve policymakers. The yearly inflation rate ticked to 2.4% ...
A version of this article appears in print on Dec. 21, 2024, Section B, Page 3 of the New York edition with the headline: Federal Reserve’s Preferred Measure of Inflation Accelerated in November.
The Senior Economist for Nigeria at World Bank Group, Sameer Matta, said this at the launch of the 2025 macroeconomic outlook of the Nigerian Economic Summit Group (NESG). Speaking during a panel ...
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot enough to derail the central bank's expected move to cut interest rates ...
Specialized inflation metrics, like the Cleveland Fed’s trimmed mean and median inflation measures, indicate that progress is slow. Both metrics are still above 3%.
Right now in the U.S., inflation is still higher than policymakers want it, but it has cooled down a bit. So is right now not the right time, as you would see it, for price controls?
A version of this article appears in print on Aug. 1, 2025, Section B, Page 6 of the New York edition with the headline: Key Measure Of Inflation Rose in June, Pressing Fed.
Consider a hypothetical rent control measure tied to the consumer price index: If the local CPI increased 5% in 2024, a landlord generally could not raise rents more than 5%.
According to the Fed’s preferred measure, inflation fell to 2.5% last month, far below its peak of 7.1% two years ago and only slightly above the central bank’s 2% target level.
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest ...
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