CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
CPI Report Keeps the Fed on Track: What the Experts Are Saying About Inflation
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
BizPac Review12d
CPI numbers highlight Fed’s many mistakes
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
Yahoo Finance16d
CPI steady at 2.9%, Fed could pause interest rate hikes
The US Bureau of Labor Statistics reported that December’s CPI remained steady at 2.9% ... noting that while it’s positive, the Federal Reserve "is going to be on hold moving forward." ...
Scripps News on MSN1d
Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Seeking Alpha17d
The December CPI Release Could Deepen The Selloff In The S&P 500
Thus, core CPI is settling at around 3.5% level - and this is well above the Fed's target of 2% core PCE inflation, which is approximately 2.5% for the core CPI inflation. The question is ...
Australian Dollar declines due to increased likelihood of RBA rate cuts, Fed decision eyed
The easing inflationary pressures at the end of 2024 have strengthened the case for a potential interest rate cut by the RBA ...
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...