DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Dion Rabouin - 2 Rucosky Sit - 1 John Rucosky - 1
Top related locs:
Top related orgs:
The Commerce Department - 1 Commerce Department - 1

Search resuls for: "John Rucosky"


2 mentions found


☆ Inflation’s Cooldown Gives the Fed Leeway
  + stars: | 2023-12-01 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
The personal-consumption expenditures price index is one of the Fed’s most closely watched gauges of inflation. Markets are betting the new data puts the Fed on pace to cut rates in 2024. That was its slimmest year-over-year gain since March 2021. Core prices, which exclude food and energy items in an effort to better track inflation’s underlying trend, rose 0.2% from September. That put them 3.5% above their year-earlier level for the smallest gain since April 2021.
Persons: Dion Rabouin, Rucosky Sit Organizations: The Commerce Department
☆ Consumers Pulled Back on Spending, Inflation Eased in October
  + stars: | 2023-11-30 | by ( Gwynn Guilford | ) www.wsj.com   time to read: 1 min
Markets are betting new data from the Personal Consumption Expenditures Index, one of the most closely-watched gauges of inflation, will put the Fed on pace to cut rates in 2024. Illustration: John RucoskyAmericans slowed their spending in October and inflation continued cooling as the economy downshifted into fall after a fast-paced summer. Consumer spending rose 0.2% in October, down sharply from a 0.7% rise in September, the Commerce Department said Thursday. The October reading marked the slowest increase since May. The combination of ebbing income growth, high interest rates and prices, dwindling pandemic savings and the resumption of student-loan payments is eroding Americans’ ability to keep boosting their spending as briskly as they did through the summer, economists say.
Persons: Dion Rabouin, John Rucosky Organizations: Commerce Department
0 next >>
Total: 2