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Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.

Β© Anna Rose Layden for The New York Times

The immediate question confronting Federal Reserve officials, led by Kevin M. Warsh, is how quickly they need to deliver additional rate increases in order to firm their grip on inflation.

Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.

Β© Anna Rose Layden for The New York Times

The immediate question confronting Federal Reserve officials, led by Kevin M. Warsh, is how quickly they need to deliver additional rate increases in order to firm their grip on inflation.

Fed Faces Prospect of Another Interest Rate Increase Just Before Midterm Elections

Financial markets are placing nearly 70 percent odds on the Federal Reserve raising interest rates in late October.

Β© Anna Rose Layden for The New York Times

Federal Reserve officials, led by Kevin M. Warsh, hold their next policy meeting just days before the midterm elections.
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