What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB2 days ago · The Fed Is Watching Jobs and Prices. A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions ...
Fed Cuts Interest Rates for First Time in Four Years - The New York …
WEB4 days ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
Fed's key inflation measure cooled slightly from a year ago ... - NBC News
WEBJul 26, 2024 · By Jeff Cox, CNBC. An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut ...
Fed Governor Waller says inflation softening faster than he …
WEB2 days ago · Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because inflation is falling even faster than he had expected. Citing ...
Fed Governor Waller Says Slowing Inflation Led Him to Back Half …
WEB2 days ago · Federal Reserve Governor Christopher Wallersaid favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates ...
US inflation reaches 3-year low as Fed prepares to cut interest …
WEBSep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.
The Fed just made a jumbo rate cut. Here are 5 takeaways on ... - CBS News
WEB3 days ago · The moment marks a critical turning point in the Fed's fight against the hottest inflation in 40 years, which resulted in a flurry of rate hikes that pushed the bank's federal funds rate to its ...
US inflation rise to 3.2% highlights ‘last mile’ challenge for Federal ...
WEBMar 12, 2024 · US inflation unexpectedly increased to 3.2 per cent last month, highlighting the challenge faced by the Federal Reserve in the “last mile” of its fight against rising prices.
What the first interest rate cut in 4 years means for the Fed’s ... - PBS
WEB3 days ago · Audio. The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark rate by a half percentage point. The Fed also said it intended to ...
US inflation cools again, Fed may cut interest rates soon | AP News
WEBJul 11, 2024 · Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.