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Inflation report shock upends Federal Reserve rate bets
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.
Inflation report shock upends Federal Reserve rate bets heading into 2025
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially sparking a relief rally in stocks tied to renewed bets on Federal Reserve interest rate cuts.
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.
Fed, Goolsbee and Inflation
Fed’s Goolsbee Says Inflation Improving, Hopeful of Soft Landing
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic the central bank can tame price growth without sparking an economic downturn.
Goolsbee 'Pretty Confident' Fed Will Get Inflation to 2%
Federal Reserve Bank of Chicago President Austan Goolsbee says he's optimistic about taming inflation during remarks at a Wisconsin Bankers Association virtual event.
Chicago Fed's Goolsbee continues to see inflation progressing toward goal
"I still see continued progress" in inflation, Chicago Fed President Austan Goolsbee said on Wednesday at a Wisconsin Bankers Association event. "The trend continues to be improvement in inflation." Today's CPI number is "somewhat encouraging and partly discouraging,
16h
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.
17h
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
New York Sun
4h
The Only Path Leading Out of America’s Inflation Quagmire
When bondholders don't see a credible fiscal path to be repaid for current and future government debt, they expect that ...
22h
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 ...
3h
Morning Bid: Inflation relief and bumper bank earnings
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
7d
Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
23h
on MSN
Inflation report expected to show increase days before Trump takes office
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
6h
South African rand stable after U.S. inflation report
South Africa's rand was little changed on Thursday, a day after a key U.S. inflation report boosted hopes of a less ...
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