Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
12 hours ago · Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling. Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and employment ...
US CPI ticks back up, but will not stop another Fed cut in December
15 hours ago · The key points. Headline annual CPI inflation for October ticked back up to 2.6 per cent from 2.4 per cent in September, while core inflation stayed flat at 3.3 per cent. Elevated shelter ...
CPI report updates: Inflation rises slightly | AP News
1 day ago · At a news conference last week, Fed Chair Jerome Powell expressed confidence that inflation is still heading down to the central bank’s 2% target, though perhaps slowly and unevenly. Powell also noted that most sources of price pressures are cooling, suggesting that inflation isn’t likely to accelerate in the coming months.
Fed’s Lorie Logan says U.S. central bank should proceed ‘with …
15 hours ago · The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, Dallas Federal Reserve President Lorie Logan said on Wednesday.
The Fed just cut rates again — and the timing is undeniably awkward
6 days ago · Market participants are widely expecting the central bank will announce a quarter-point rate cut at 2 pm ET as data continues to show that inflation, which reached a four-decade peak in 2022, is ...
The Fed cuts key rate by half-point, signaling end to its inflation ...
Sep 19, 2024 · The central bank’s action lowered its key rate to roughly 4.8%, down from a two-decade high of 5.3%, where it had stood for 14 months as it struggled to curb the worst inflation streak in four decades.
Fed's Daly says central bank likely on track for more rate cuts
NEW YORK, Oct 15 (Reuters) - Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday the central bank remains on track for more rate cuts this year as long as data meets...
Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation …
Jul 2, 2024 · Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate...
Federal Reserve News Fed Raises Rates at a Slower Pace: Live …
Dec 14, 2022 · The central bank raised interest rates by half a point as signs emerge that inflation is beginning to cool, but officials made clear that they expect to continue the fight against high prices.
Central bankers see victory within reach in push to tame inflation
Mar 8, 2024 · Top central bankers in Europe and the US have moved closer to declaring victory over the biggest inflation surge for a generation, with new data giving policymakers confidence they can cut...