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Inflation Stays Firm
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.
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 Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
9h
on MSN
US inflation rate on 'strong trajectory' to Fed's 2% target, Boston Fed chief says
Boston Federal Reserve President Susan Collins said Friday that the US inflation rate is on a “strong trajectory” to reach ...
fingerlakes1
3h
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 ...
Reuters
3d
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 ...
Marketplace
2d
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 ...
3d
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.
1d
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 Today
3d
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 ...
CNET
1d
Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
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