Similar Stories to : Fed’s Collins: Pce Inflation ‘bit Lower’ In February But Overall ‘not A Lot Of Progress’ on Bing News

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BING NEWS:
  • The Fed’s preferred inflation gauge just moved in the wrong direction
    While both indexes are much lower than they were at their peaks (7.1% PCE inflation in June 2022, 5.6% for core in February 2022 ... so not a lot to do,”) that was $15 is now $20.
    04/26/2024 - 3:38 am | View Link
  • Inflation rose to 2.7% in March in preferred Fed gauge
    The Fed’s target is 2% inflation in the PCE index. From February to March, inflation rose 0.3%, which is about in line with forecast expectations. Core PCE inflation, a measure of inflation ...
    04/25/2024 - 9:33 pm | View Link
  • Biden says inflation is top domestic priority, but Fed admits lack of progress
    Federal Reserve chairman Jerome Powell admitted that President Biden's administration has failed to shrink inflation, years after Biden declared it a "top priority." Powell made the comments ...
    04/16/2024 - 11:59 pm | View Link
  • Consumers' bad feelings about a good economy shouldn't be ignored, Boston Fed president says
    In a wide-ranging conversation with MarketWatch, Collins talked about the stubborn impact of inflation ... I think it can be true that a lot of parts of our economy are doing extremely well ...
    04/14/2024 - 6:35 pm | View Link
  • Fed's Goolsbee keeps policy focus on PCE after high consumer price readings
    If we start getting better readings that show us that arc of inflation coming down...that will make us feel a lot better about where we are...If PCE is reinflating - we will stabilize prices." ...
    04/12/2024 - 7:13 am | View Link
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