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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days agoWhat is inflation expected to be in 2024? Fed officials estimate their preferred measure of annual ...
No rate cuts in June and only one expected in 2024
The Forex Market· 7 hours agoThe decision to keep interest rates in the 5.25%-to-5.5% range was expected — even though the Consumer Price Index (CPI) report for May showed inflation...
Cool CPI Inflation Boosts Fed Rate-Cut Odds; S&P 500 Jumps On Tame Service Prices
Investor's Business Daily· 2 days agoStill, keep in mind that the CPI has a lot of differences from the Fed's primary inflation rate, the...
US economic outlook: September still in play
The Forex Market· 3 hours agoCore inflation eased for the second consecutive month in May according to the CPI, posting the smallest monthly increase since August 2021. Fed Chair...
Jump In Jobless Claims, Soft PPI Lift Fed Rate-Cut Odds; S&P 500 Rises
Investor's Business Daily· 23 hours agoIndex Components The headline PPI largely measures prices that businesses charge each other, which...
The Fed’s Inflation Outlook Is a Little Too Pessimistic
Morningstar· 18 hours agoIvanna Hampton: And then there was one. The Federal Reserve is projecting they’ll trim interest...
Federal Reserve updates timing of first interest rate cut
TheStreet via Yahoo Finance· 2 days agoIt lifted its end-of year forecast for core PCE inflation, the central bank's preferred gauge, to...
Stocks fight Fed forecasts after rate cut bets reset
TheStreet via Yahoo Finance· 15 hours ago"We will need to see more good data to bolster our confidence that inflation is moving sustainably toward 2%." A corresponding slide in producer prices,...
Inflation eases in May as consumer prices rise at slower-than-expected pace
Yahoo Finance· 2 days agoWages also came in ahead of estimates at 4.1%, although the unemployment rate rose slightly to 4%...
Soft inflation figures point to easing in Fed's preferred inflation gauge - BofA By Investing.com
Investing.com· 4 hours agoSofter-than-anticipated U.S. producer and consumer price data this week suggests a cooling in the...