Inflation Stays Firm, but Not Enough to Derail December Fed Cut

Inflation Stays Firm, but Not Enough to Derail December Fed Cut. The 2.6% increase is in line with forecasts. Investors take that as a sign that Trump and the Fed won’t immediately be at ...

CouponFollow Extension

6%
OFF

Inflation Stays Firm, But Not Enough To Derail December Fed Cut

1 week from now

Inflation Stays Firm, but Not Enough to Derail December Fed Cut. The 2.6% increase is in line with forecasts. Investors take that as a sign that Trump and the Fed won’t immediately be at ...

wsj.com

2%
OFF

Fed’s Kashkari Says Only Inflation Could Derail December Cut

1 week from now

4 days ago · Kashkari repeated that the economy is strong, but inflation hasn’t fully declined to the Fed’s 2% target. It may take a year or two for price gains to reach that target given the above …

ttnews.com

6%
OFF

Inflation Stays Firm, But Not Enough To Derail December Fed Cut

1 week from now

2 days ago · Inflation Stays Firm, but Not Enough to Derail December Fed Cut The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year …

wsj.com

6%
OFF

Fed On Track To Cut Rates This Year With Inflation Slowing And The

1 week from now

Feb 5, 2024 · Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, ... inflation fell to just 2.6% …

apnews.com

9%
OFF

'Cuts Are Coming': 7 Economists On December Inflation Data, …

1 week from now

Jan 26, 2024 · “With Core PCE at 2.9% Y/Y versus a Fed funds rate of 525-550, today's inflation report gives the Fed a path to cut interest rates,” he said. Tentarelli anticipates potential rate …

businessinsider.com

4%
OFF

Inflation Jumped In December, Complicating Fed Aim Of Interest …

1 week from now

Jan 11, 2024 · The Fed expects to dial back its inflation fight by cutting rates this year. Consumer prices rose 3.4% in December compared to a year ago, accelerating markedly from the …

go.com

3%
OFF

US Inflation Stays Firm For Third Month With 0.3 Percent Core CPI Gain

1 week from now

3 days ago · The so-called core consumer price index — which excludes food and energy costs — increased 0.3% for a third month and 3.3% from a year ago, Bureau of Labor Statistics …

hindustantimes.com

FAQs about Inflation Stays Firm, but Not Enough to Derail December Fed Cut Coupon?

Will inflation derail another interest-rate cut in December?

The latest report likely wasn’t enough to derail another interest-rate cut from the Federal Reserve in December. But together with solid consumer spending and steady hiring, firmer inflation could kick off a bigger debate at officials’ next meeting over whether to slow the pace of rate cuts early next year. ...

Will fed cut interest rates again in December?

The consumer price index may not have shown another month of cooling inflation in October, but economists believe enough progress has been made for Federal Reserve officials to cut interest rates again in December. Headline inflation was 2.6% last month, an acceleration from the 2.4% year-over-year rate logged in September. ...

Will inflation push back a March cut?

The hotter-than-expected inflation and jobs reports still keep the U.S. on track to see price growth fall without a recession — a feat known as a soft landing — despite earlier fears. Even so, the data could push back the Fed’s plans to reduce interest rates and is dampening expectations on Wall Street of a March cut. ...

Will inflation stall at a rate above 2%?

Powell said that faster growth could potentially cause inflation to stall at a rate above 2%, which could complicate the Fed's timetable for rate cuts. For now, with the economy performing well, he said, the Fed doesn't need to rush to reduce borrowing costs. ...

Will inflation come down?

"We’re looking for inflation to come down, as it has been coming down for the last six months.” Most economists have said they expect the Fed to start cutting its benchmark rate in May or June. Rate cuts would eventually lead to lower borrowing costs for America’s consumers and businesses, including for mortgages, auto loans and credit cards. ...

Is the Fed taming inflation?

The Fed did signal that it’s nearing a long-awaited shift toward cutting rates, evidence that its officials have grown confident that they're close to fully taming inflation. No longer does its policy statement say it's still considering further rate hikes. Yet the officials made clear that the first rate cut is likely months away. ...