Sentences with phrase «inflation gauge below»

Stagnant wages in 2014 helped hold the Fed's preferred inflation gauge below its 2 percent goal, fueling bond gains that caught almost everyone off - guard.

Not exact matches

The U.S. Federal Reserve's gauge of inflation remains stubbornly below its 2 percent target, but U.S. 10 - year Treasury yields spiked to near four - year highs in January as a bond sell - off gathered steam.

In addition, the Fed's preferred gauge of price pressures has been mired below 2 percent; during an economic expansion, inflation usually begins to tick higher.

The figure below shows some of the key indicators from the Fed's dashboard, including unemployment, the Fed's guess at the «natural rate» (the lowest unemployment rate consistent with stable inflation), actual inflation (PCE core, the Fed's preferred gauge), and the Fed's inflation target of 2 percent.

Sure, we're closing in on full employment, but the Fed's preferred inflation gauge, the core PCE, is below their 2 percent inflation target and slowing.