Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
Fed officials wary of inflation risks as they weigh more rate cuts
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market remains healthy, even as price pressures remain. "In my baseline scenario, based on current information, I expect inflation to converge ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
TSX opens higher as US data reinforces Fed rate cut hopes
Canada's main stock index opened higher on Wednesday, helped by energy shares, after the U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. At 9:31 a.m. ET (14:31 GMT),
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation.
US inflation rate on 'strong trajectory' to Fed's 2% target, Boston Fed chief says
Collins isn’t a voting member of the Fed’s Federal Open Market Committee rate-setting committee this year, but she will be ...
fingerlakes12h
Fed’s Collins optimistic as inflation nears 2% goal
Federal Reserve Bank of Boston President Susan Collins expressed confidence that inflation is on track to sustainably reach ...
Marketplace1d
Would changing the Fed’s inflation target help people afford homes?
The trick is finding inflation's sweet spot — too much or too little can lead to a lot of problems for the economy and ...
US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
USA Today3d
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...