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Traders now see two Fed rate cuts this year
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.
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.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Fed, Inflation
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 pandemic, New York Fed President John Williams says.
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.
Inflation Needs Work, but Fed’s Williams Is Focusing on Keeping Economy Balanced
The economy is in a very good place and has returned to balance, as have the risks to the two sides of our mandate,” Williams said.
16h
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 ...
1h
on MSN
NAB: Fed may ease rates in mid-2025
Rodrigo Catril, senior currency strategist at NAB sees optimism in the latest U.S. data release, suggesting that the Fed ...
7h
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 ...
6h
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 ...
15h
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 ...
12h
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 ...
15h
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 ...
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