Federal Reserve officials at December meeting ... - Associated Press News
2 days ago · WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.. Minutes from the meeting, released after the typical three-week lag, also showed clear division among the …
Top Fed official backs new rate cuts even if ... - Associated Press News
2 days ago · WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.. Christopher Waller, an influential member of the Fed’s board of governors, said he expects inflation will move closer to the Fed’s 2% target in ...
Rate-Cut Decision Was Narrow, Fed Minutes Show
2 days ago · Stubborn inflation, and potential tariffs, make future rate cuts uncertain. By Ben Casselman Federal Reserve officials cut interest rates as expected last month. But minutes from their December ...
Stocks and Bonds Rattled as Odds of Fed Rate Cut Recede
19 hours ago · Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation. Data delayed at least 15 minutes ...
Fed officials worry Trump policies may lengthen inflation fight
3 days ago · Central bank officials still see inflation falling toward 2% target; Uncertainty about Trump policies clouds economic outlook; Investors expect Fed to hold rates steady later this month
Federal Reserve's preferred inflation gauge ... - Associated Press News
Dec 20, 2024 · WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the Commerce Department showed that prices rose just 0.1% from October to November.
Inflation Ticks Up Slightly Ahead of Fed Meeting
Dec 11, 2024 · Consumer prices rose 2.7 percent in the year through November, a slightly hotter rate than the previous month. The Federal Reserve is considering whether to cut interest rates next week.
Fed's Waller: More cuts likely though timing depends on inflation ...
2 days ago · Waller said that while it was true inflation "appears to have stalled" above the Fed's 2% target in the waning months of 2024, market-based inflation estimates, as well as one-month and shorter ...
Most Fed officials were worried about higher inflation, but not …
2 days ago · Most Federal Reserve officials were worried about the risks of higher inflation — but not enough to talk about potential rate hikes, according to minutes of the Fed’s December meeting released ...
Fed Minutes Reveal Inflation Jitters, Policymakers Signal Slower ...
2 days ago · Minutes from the Dec. 18 Federal Reserve meeting that were released Wednesday paint a cautious picture of the central bank's outlook on inflation and interest rates. The Fed cut rates by 25 basis ...