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Fed's Waller says rate cuts possible in H1 2025 if inflation behaves
With "inflation back to trend," Federal Reserve Governor Christopher Waller said Thursday he sees the possibility of three or four interest-rate reductions in the first half of 2025, provided the "data cooperates.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Inflation Rose in December, Putting Rate Cuts Into Question
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s report from the Labor Department showed that the consumer price index rose 2.
16h
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
2h
on MSN
Analysis-Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
19h
on MSN
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...
9h
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
1d
on MSN
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
19h
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
23h
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
18h
on MSN
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
21h
US Consumer Inflation Rises In December But Underlying Pressures Ease
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
19h
Opportunities For Business Owners In The Inflation Reduction Act
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
19h
on MSN
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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