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 in the pace of inflation from September, when prices were up 2.4% on the year.
'Fed still set to cut rates despite inflation' - 13 Nov 2024
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Fed's Schmid: extent of further rate cuts 'remains to be seen'
Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing confidence that inflation is headed down, but gave no steer on how many more rate cuts he feels may be appropriate.
Fed’s Schmid Says Uncertain About How Far Rates Should Fall
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US central bank will need to lower interest rates.
Kansas City Fed's Schmid says 'remains to be seen' how much further interest rates fall
Kansas City Federal Reserve President Jeffrey Schmid on Wednesday said the extent to which interest rates will fall is uncertain, while also highlighting some of the implications of artificial intelligence (AI) in the energy sector.
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Reuters10h
Fed officials wary of inflation risks as they weigh more rate cuts
Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last ...
Fed has room to continue to cut as monetary policy is still restrictive, says Annex's Brian Jacobson
Brian Jacobson, Annex Wealth Management chief economist, joins CNBC's 'Power Lunch' to discuss reactions to the latest CPI ...
Bloomberg L.P.11h
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 ...
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 Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Yahoo Finance7h
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari ...
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Dollar at one-year high as Trump trade momentum eclipses Fed easing view
Higher trade tariffs and tighter immigration under the incoming Trump administration are projected to fuel inflation, ...
A Potential Fight Over the Fed’s Future Ramps Up
As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ...