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Federal Reserve, inflation
Two 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 two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
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 inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Inflation heated up
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Inflation progress stalls in US in October
Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said.
Inflation expected to have increased in October
Inflation has cooled dramatically since a peak of 9% attained in 2022, now hovering near the Federal Reserve’s target rate of 2%. The slowdown of price increases has coincided with robust economic growth,
Reuters
1d
Fed officials wary of inflation risks as they weigh more rate cuts
"I anticipate the FOMC will most likely need more
rate
cuts to finish the journey" of bringing
inflation
toward the
Fed
...
7d
on MSN
Trump's Election Raises Inflation Fears as Fed Prepares Second Rate Cut
The Federal Reserve will cut its benchmark interest rate for the second consecutive month to try to ease inflationary ...
8d
on MSN
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 ...
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