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Inflation Worsened in Dec.. What It Means for Fed Rate Cuts.
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
1h
on MSN
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
2h
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
9m
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
5h
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
2h
Bowman: Inflation risks to the upside, further rate cuts should be gradual, cautious
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
3h
Why a 5-Year CD is Your Best Bet After the Fed Meeting
Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
1d
on MSN
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
1d
Fed stands pat, leans hawkish with omission of inflation-progress reference
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when ...
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