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Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows

The core personal consumption expenditures price index showed inflation in August at 2.9% on an annual basis after rising 0.2% for the month. Both were in line with estimates. Though the Fed targets ...
Bloomberg L.P.

Bank of Canada to Study Core Inflation Measures, Keep 2% Target

The Bank of Canada plans to keep its 2% inflation target, but is examining the best ways to measure core inflation and how to factor housing costs into its monetary policy decisions. Speaking in ...
Reuters

Bank of Canada studying whether core inflation can be measured better

OTTAWA, Oct 2 (Reuters) - The Bank of Canada is considering changes to how it measures preferred inflation metrics to give it a better idea of how external shocks are affecting the economy, a senior ...
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Core CPI Steady, Jobless Claims Jump; But Big Fed Rate Cut Unlikely (Live Coverage)

The consumer price index showed core inflation held steady in August, but initial claims for jobless benefits surged. The Fed is a lock to cut its key interest rate next week, but market expectations ...