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Top Kitco NEWS News

Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected — REUTERS / FBi345

US Economy · United States

Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected

68% Center coverage: 66 sources

The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of the central bank's policy meeting next week. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.3% in September from a month ago and is up 2.8% from last year. Those figures were in line with the estimate of LSEG economists. See the Story

U.S. consumer sentiment improved this month but remains subdued, the University of Michigan reports — REUTERS / FBi345

US Economy · United States

U.S. consumer sentiment improved this month but remains subdued, the University of Michigan reports

78% Center coverage: 28 sources

U.S. consumers’ mood improved slightly this month, with worries about inflation easing a bit, but remains gloomy.See the Story

Bessent Says White House May ‘Veto’ Federal Reserve Presidents — REUTERS / FES376

Federal Reserve · United States

Bessent Says White House May ‘Veto’ Federal Reserve Presidents

62% Center coverage: 24 sources

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