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    Fed's Williams Says Central Bank May Be Done With Rate Rises

    Federal Reserve Bank of New York President John Williams said Friday the central bank may be done with rate rises as inflation pressures, while still elevated, are moving back toward the official 2% target.


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    US Core PCE Rises at Slowest Monthly Pace Since Late 2020
    The core personal consumption expenditures price index, which strips out the volatile food and energy components, rose 0.1% in August, the slowest monthly pace since late 2020, while consumer spending and income both saw a gain of 0.4%. Michael McKee breaks down the numbers on Bloomberg Television. (Corrects date in headline to 2020.)
    Sep 29, 2023

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