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Fed, CPI
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Inflation, federal reserve and John Williams
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they're confident the inflation rate will someday fall to typical pre-pandemic levels.
Fed’s Williams Wants More Progress Toward Inflation Target
New York Fed President John Williams said he expects inflation to continue cooling toward the central bank’s 2% target this year, adding that he won’t be satisfied until the goal is reached.
Fed’s Williams Expresses Confidence Inflation Will Slow More
Federal Reserve Bank of New York President John Williams voiced confidence that inflation would continue to recede after a report on consumer prices came in better than expected, without offering any hints on the timing of additional interest-rate cuts.
7h
on MSN
Fed’s Beige Book Points to Slight to Moderate Growth at Year-End
Economic activity increased “slightly to moderately” across the US in late November and December, supported by strong holiday ...
3h
US businesses optimistic but flag concerns, Fed survey shows
The survey's findings, which draw on observations from the business contacts of each of the Fed's 12 regional banks, provide ...
12h
on MSN
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
7h
on MSN
Fed's Williams says policy data dependent in very uncertain environment
Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy actions will be driven by ...
10h
Fed Hawks and Doves: What US Central Bankers Are Saying
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
7h
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
2h
Rupee may not build on recovery despite renewed Fed rate-cut hopes
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
10h
NY Fed’s Williams Sees Hybrid Work Model Persisting
More workers will probably continue to be allowed to work partially in the office and partially at home than before the ...
3h
on MSN
Bitcoin Tops $100,000 Level as Angst Over Fed Policy Path Eases
Bitcoin notched its biggest gain of the new year as reassuring US inflation figures revived bets on further interest-rate ...
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inflation
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