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 ...
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 ...
2 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 2% inflation target, putting into ...
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
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 ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
New York Post6h
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
Detroit Free Press1d
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
Expectations for a 25-basis point interest rate cut at the Fed's December meeting jumped to 82% after the ... that he was confident inflation was headed down, noting that the CPI data "confirms" that ...
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
That matched forecasts from economists polled by FactSet that the Consumer Price Index rose 2.6% in October. The CPI rose 2.4 ...