Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
The problem is that while inflation has dropped far below its peak of 9.1% in mid-2022, it remains stubbornly above the Fed's 2% target. As a result, the Fed, led by Chair Jerome Powell, is expected Wednesday to signal a shift to a more gradual approach to ...
Rising yields may signal inflation or strong economic growth, while falling yields might indicate economic slowdowns, ...
The fear among some commentators is that the Fed is cutting rates in a hot economy with inflation above target, raising the ...
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision ...
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
The Dow and S&P 500 recorded losses for the week, but the Nasdaq got a boost from big tech. Broadcom's valuation hit $1 ...
Investors are betting a final 2024 rate cut this week is a sure thing from the Federal Reserve this week, but the bigger ...
The Federal Reserve could find it harder to balance growth and inflation next year, given the incoming Trump administration’s ...
Financial markets and Fed watchers view an interest rate cut next week as a near certainty. There are some reasons to think ...
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