{"id":36308,"date":"2023-10-26T18:11:21","date_gmt":"2023-10-26T18:11:21","guid":{"rendered":"https:\/\/prosfunds.com\/news\/inflation-is-still-slowing-but-slowly\/"},"modified":"2023-10-26T18:11:23","modified_gmt":"2023-10-26T18:11:23","slug":"inflation-is-still-slowing-but-slowly","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=36308","title":{"rendered":"Inflation is still slowing, but slowly"},"content":{"rendered":"
\n

The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year.<\/p>\n

The so-called core PCE price gauge, the Federal Reserve\u2019s inflation tracker, is expected to show a 0.3% increase in September. The core rate, which omits food and energy, is seen as a better predictor of future inflation than the headline PCE index.<\/p>\n

\n

The headline PCE index that includes food and energy is also forecast to rise 0.3%, according to Wall Street
\n DJIA
\n analysts.<\/p>\n

The Fed would prefer to see inflation rise no more than 0.1% to 0.2% a month.<\/p>\n

The annual rate of core inflation, meanwhile, is likely to fall slightly, to 3.7% from 3.9%.<\/p>\n

Inflation has decelerated from a 40-year high of 5.6% a year and a half ago. <\/p>\n

However, prices are still rising almost twice as fast as the Fed\u2019s goal of 2% inflation, and progress is likely to happen at a much slower rate in the months ahead. <\/p>\n

The Fed itself doesn\u2019t think it will reach its 2% target until 2026.<\/p>\n

As long as inflation continues to slow, however, the Fed is less likely to raise interest rates. The central bank, which is set to meet next week, is widely expected to leave rates unchanged to give it more time to assess the economy.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal Reserve\u2019s inflation tracker, is expected to show a 0.3% increase in September. The core rate, which omits food and energy, is seen as a better predictor of […]<\/p>\n","protected":false},"author":1,"featured_media":36309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-36308","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"\nInflation is still slowing, but slowly | Prosfunds<\/title>\n<meta name=\"description\" content=\"The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prosfunds.com\/?p=36308\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation is still slowing, but slowly | Prosfunds\" \/>\n<meta property=\"og:description\" content=\"The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prosfunds.com\/?p=36308\" \/>\n<meta property=\"og:site_name\" content=\"Prosfunds\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-26T18:11:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-26T18:11:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/10\/1698343882_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/prosfunds.com\/?p=36308#article\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/?p=36308\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\"},\"headline\":\"Inflation is still slowing, but slowly\",\"datePublished\":\"2023-10-26T18:11:21+00:00\",\"dateModified\":\"2023-10-26T18:11:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/prosfunds.com\/?p=36308\"},\"wordCount\":223,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/prosfunds.com\/?p=36308#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prosfunds.com\/?p=36308\",\"url\":\"https:\/\/prosfunds.com\/?p=36308\",\"name\":\"Inflation is still slowing, but slowly | Prosfunds\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/#website\"},\"datePublished\":\"2023-10-26T18:11:21+00:00\",\"dateModified\":\"2023-10-26T18:11:23+00:00\",\"description\":\"The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal\",\"breadcrumb\":{\"@id\":\"https:\/\/prosfunds.com\/?p=36308#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prosfunds.com\/?p=36308\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prosfunds.com\/?p=36308#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/prosfunds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflation is still slowing, but slowly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prosfunds.com\/#website\",\"url\":\"https:\/\/prosfunds.com\/\",\"name\":\"Funding Factories\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prosfunds.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/prosfunds.com\/#organization\",\"name\":\"Funding Factories\",\"url\":\"https:\/\/prosfunds.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"width\":780,\"height\":140,\"caption\":\"Funding Factories\"},\"image\":{\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/prosfunds.com\"],\"url\":\"https:\/\/prosfunds.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Inflation is still slowing, but slowly | Prosfunds","description":"The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prosfunds.com\/?p=36308","og_locale":"en_US","og_type":"article","og_title":"Inflation is still slowing, but slowly | Prosfunds","og_description":"The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal","og_url":"https:\/\/prosfunds.com\/?p=36308","og_site_name":"Prosfunds","article_published_time":"2023-10-26T18:11:21+00:00","article_modified_time":"2023-10-26T18:11:23+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/10\/1698343882_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prosfunds.com\/?p=36308#article","isPartOf":{"@id":"https:\/\/prosfunds.com\/?p=36308"},"author":{"name":"News Room","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6"},"headline":"Inflation is still slowing, but slowly","datePublished":"2023-10-26T18:11:21+00:00","dateModified":"2023-10-26T18:11:23+00:00","mainEntityOfPage":{"@id":"https:\/\/prosfunds.com\/?p=36308"},"wordCount":223,"commentCount":0,"publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/prosfunds.com\/?p=36308#respond"]}]},{"@type":"WebPage","@id":"https:\/\/prosfunds.com\/?p=36308","url":"https:\/\/prosfunds.com\/?p=36308","name":"Inflation is still slowing, but slowly | Prosfunds","isPartOf":{"@id":"https:\/\/prosfunds.com\/#website"},"datePublished":"2023-10-26T18:11:21+00:00","dateModified":"2023-10-26T18:11:23+00:00","description":"The rate of U.S. inflation is slowing, but it\u2019s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge, the Federal","breadcrumb":{"@id":"https:\/\/prosfunds.com\/?p=36308#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prosfunds.com\/?p=36308"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prosfunds.com\/?p=36308#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prosfunds.com\/"},{"@type":"ListItem","position":2,"name":"Inflation is still slowing, but slowly"}]},{"@type":"WebSite","@id":"https:\/\/prosfunds.com\/#website","url":"https:\/\/prosfunds.com\/","name":"Funding Factories","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prosfunds.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/prosfunds.com\/#organization","name":"Funding Factories","url":"https:\/\/prosfunds.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","width":780,"height":140,"caption":"Funding Factories"},"image":{"@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","caption":"News Room"},"sameAs":["https:\/\/prosfunds.com"],"url":"https:\/\/prosfunds.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/36308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36308"}],"version-history":[{"count":1,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/36308\/revisions"}],"predecessor-version":[{"id":36310,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/36308\/revisions\/36310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/media\/36309"}],"wp:attachment":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}