Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
But if the Fed veers from that steady pace, it likely would be to reduce rates less sharply to ensure inflation keeps falling, economists say. That may defy some forecasters’ view that the ...
But Carola Binder, an economist at the University of Texas at Austin, is pretty certain the Fed will cut interest rates by 25 basis points next week, because that’s what the Fed has signaled.
The Fed cut interest rates by 50 basis points in September — the first cut in four years and one twice the size of the central bank's typical 25-point increments — following aggressive ...
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At their last meeting Sept. 18, Fed officials reduced the central bank’s main interest rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November ...
Prices for goods decreased 0.9% and prices for services increased 3.7%. This could be the week when inflation hits the Fed’s sweet spot of 2%. “You know, we’re getting back to where we ...
(CNN) — Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred ...
That is barely above the Fed's 2% inflation target and in line with readings in 2018, well before prices began surging after the pandemic recession. Yet some signs of inflation pressures remained.
He added that Trump's team is clearly "going to be very hands-on" if they win. Fed policymakers will also have a chance to discuss the implications this week as the Federal Open Market Committee ...