Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and gives him comfort that inflation is on path to the 2% target, adding that he still expects the U.
Stock Market Today: What to Watch Ahead of PCE Inflation Data
The Federal Reserve's favorite inflation gauge is due out this morning. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock Futures Hold Gains After PCE Inflation Data
Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7%.
Markets brace for Trump tariffs, US inflation data
Global stocks steadied on Friday after a volatile week due to the emergence of a low-cost Chinese artificial intelligence model, while investors braced for the threat of U.S. tariffs on Canada and Mexico as early as Saturday.
Fed's Goolsbee says 'I'm liking' today's PCE inflation data, thinks interest rates can continue to come down
Chicago Fed President Austan Goolsbee said he was pleased with Friday's inflation report and added he thought the central bank's benchmark rate "could be a fair bit lower' over the next 12-18 months.
PCE Report Today: Inflation Likely Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure is expected to show prices rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures,
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Stock market today: Wall Street poised to open higher ahead of government's latest inflation data
Wall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from ...
Stock Futures Rise as Markets Wait for Trump Tariff Clarity, PCE Inflation Data
Stocks looked set for gains Friday as investors waited to see if President Donald Trump would follow through on his promise ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Here’s How High Inflation Could Go Under Trump’s Proposed Tariffs
That's how high 25% tariffs on Canadian and Mexican goods could push U.S. inflation, according to analysis firm Capital ...
Inflation report isn't great for maturing commercial-real-estate debt
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
Fed’s Goolsbee Lauds Inflation Progress But Supports Slower Pace
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...