Any negative impacts of the Fed’s rate hikes during those years have been small for many consumers and companies, according to Torsten Slok, chief economist for New York-based asset manager ...
Here is a look at comments from Fed policymakers since the last rate-setting decision, sorting them under the labels "dove" and "hawk" as a rough shorthand for their monetary policy leanings ...
Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...
Three Fed officials said in separate speeches Tuesday that they were confident inflation is coming down, though not very quickly. One non-voting member of the Fed's policy committee said the Fed ...
Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...
US Core CPI Finally Eases, Rallying Bets for Fed to Cut Sooner CPI minus food, energy rose 0.2%, less than median forecast Hotel stays, tame rent increases help restrain price pressures ...
While the chance of a hike this year is still put at zero by pricing of fed-funds futures, according to CME Group’s FedWatch, it is a topic of heavy discussion.
Officials at the Fed have voiced increasing concern about the slow progress on inflation, and while some of the details in Wednesday’s report were encouraging, the data is unlikely to do much to ...
Mix in a stronger-than-expected jobs report in December, and you can understand the Fed's decision to cut rates and the potential for lower mortgage rates. When the Fed cuts rates, it often leads ...
EUR/USD slumps below 1.0200 as the US Dollar remains firm on expectations that the Fed will cut interest rates only once this year. Traders pare Fed dovish bets after upbeat US NFP data for December.
As a result of last week’s solid growth data, the latest Atlanta Fed GDPNow shows Q4 2024 GDP likely to be 2.7%, based on data available through Jan. 9, 2025. Beyond positive growth data ...