Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
US inflation rate on 'strong trajectory' to Fed's 2% target, Boston Fed chief says
Boston Federal Reserve President Susan Collins said Friday that the US inflation rate is on a “strong trajectory” to reach the Federal Reserve’s 2% target, Bloomberg reported. “I see a strong trajectory sustainably back towards 2%,
US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal even though the data may be volatile from month to month.
Fed’s Collins optimistic as inflation nears 2% goal
Federal Reserve Bank of Boston President Susan Collins expressed confidence that inflation is on track to sustainably reach the Fed’s 2% target, despite potential monthly fluctuations. Speaking at a Boston Fed conference, Collins emphasized a “strong trajectory” but acknowledged housing-related inflation may persist longer.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Fed's Collins on Possible Rate Cut, Inflation and Trump
Federal Reserve Bank of Boston President Susan Collins says a rate cut in December is not off the table. Speaking with Mike McKee on "Bloomberg Open Interest," Collins also comments on the state of inflation,
Crain's Cleveland Business1h
Rent inflation won’t ebb until 2026, Cleveland Fed model shows
(Bloomberg) --Federal Reserve Chair Jerome Powell said last week central bankers are keeping a close eye on housing inflation ...
Reuters4d
Fed officials wary of inflation risks as they weigh more rate cuts
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Marketplace3d
Would changing the Fed’s inflation target help people afford homes?
The trick is finding inflation's sweet spot — too much or too little can lead to a lot of problems for the economy and ...
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Reuters4d
Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Recent data raise risks of inflation progress slowing, reversing Musalem expects inflation to converge to 2% over medium ...
Will Inflation Rise Under Trump? Economists Weigh in
Though Trump won the election primarily because of voter discontent with higher prices under Biden, Trump's own policies will ...
Florida Politics1d
FAU report shows despite easing inflation, consumer prices will remain high
When excluding volatile commodities such as food and energy prices, core inflation remains elevated, according to the FAU ...