US inflation likely remained sticky-high last month, threatening interest rate cuts
2 months, 1 week ago

US inflation likely remained sticky-high last month, threatening interest rate cuts

Hindustan Times  

US inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year. Last Friday's unexpectedly strong jobs report caused stock and bond prices to plunge on fears that a healthy economy could keep inflation elevated, preventing the Fed from cutting its key rate further. Last week, minutes from the Fed's December meeting showed that economists at the central bank expect inflation to remain about the same this year as in 2024, pushed up a bit by higher tariffs. Fed Chair Jerome Powell has said the central bank will keep its key interest rate elevated until inflation is back to 2%.

Inflation Trump Prices Month Fed Rate Economists Its Key Rate  threatening  tariffs  likely  inflation  cuts  month  interest  rose  prices  economists  stickyhigh  key  higher  trump  rate  remained

History of this topic

Average US rate on a 30-year mortgage rises slightly for the second week in a row
4 days ago

Average US rate on a 30-year mortgage rises slightly for the second week in a row

Associated Press  

Associated Press — The average rate on a 30-year mortgage in the U.S. rose slightly for the second week in a row, a modest setback for prospective home shoppers as the spring homebuying season ramps up. “The 30-year fixed-rate mortgage has stayed under 7% for nine consecutive weeks, which is helpful for potential buyers and sellers alike,” said Sam Khater, …

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Trending News
4 days, 9 hours ago

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

Associated Press  

LONDON — The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee was widely expected, and comes a day …

U.S. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
4 days, 11 hours ago

U.S. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

The Hindu  

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. Powell acknowledged that the Fed initially thought inflation coming out of the pandemic would be temporary, which led it to delay raising rates to combat higher prices. "We’re going to …

Fed projections show economy radically changed by Trump’s election
4 days, 14 hours ago

Fed projections show economy radically changed by Trump’s election

Live Mint  

The Federal Reserve’s first set of projections since Donald Trump’s inauguration underscored—in the central bank’s understated and technocratic fashion—just how much the president’s plans to press ahead with widespread tariffs have turned the economic outlook on its head. “We now have inflation coming in from an exogenous source, but the underlying inflationary picture before that was basically 2½% inflation, 2% …

US Fed keeps interest rates unchanged: Key takeaways from the meeting
4 days, 16 hours ago

US Fed keeps interest rates unchanged: Key takeaways from the meeting

India Today  

The US Federal Reserve has decided to keep interest rates steady, maintaining its benchmark rate in the range of 4.25-4.50%. Here are the key takeaways from the meeting: INTEREST RATES UNCHANGED The Federal Open Market Committee voted to keep interest rates unchanged. The Fed had previously signalled that it could consider rate cuts in 2025, but policymakers are closely watching …

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Trending News
4 days, 20 hours ago

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

Hindustan Times  

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged The Fed also now expects the economy to grow more slowly this year and next than …

Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation
4 days, 20 hours ago

Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation

Firstpost  

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain US Federal Reserve Chair Jerome Powell holds a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, DC on Wednesday. AFP The Federal Reserve kept …

The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged
5 days, 12 hours ago

The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged

Associated Press  

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. I do think with the arrival of the tariff inflation, further progress may be delayed.” On his Truth Social platform late Wednesday, Trump posted: “The Fed would be …

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos
5 days, 16 hours ago

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

CNN  

Washington CNN — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Fed Chair Jerome Powell in his post-meeting news conference acknowledged the high level of uncertainty among American consumers and businesses — a lot of it stemming from the Trump administration’s “turmoil,” he said. Powell …

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos
5 days, 16 hours ago

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

CNN  

Washington CNN — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Fed Chair Jerome Powell in his post-meeting news conference acknowledged the high level of uncertainty among American consumers and businesses — a lot of it stemming from the Trump administration’s “turmoil,” he said. Powell …

US Fed likely to keep rates steady as Trump uncertainty flares
1 week, 1 day ago

US Fed likely to keep rates steady as Trump uncertainty flares

Raw Story  

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs. "Recent Fed commentary has reinforced a wait-and-see approach, with officials signaling little urgency to adjust policy as they assess the economic impact of recent policy …

US consumer price growth slows in February, but Trump tariffs expected to boost inflation in coming months
1 week, 5 days ago

US consumer price growth slows in February, but Trump tariffs expected to boost inflation in coming months

Hindustan Times  

U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead. The consumer price index rose 0.2% last month after accelerating 0.5% in January, the Labor Department's Bureau of Labor Statistics said on Wednesday. …

Turkey’s central bank lowers key interest rate as inflation slows
2 weeks, 4 days ago

Turkey’s central bank lowers key interest rate as inflation slows

Associated Press  

ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by a further 2.5 percentage points on Thursday, days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power. It was the bank’s third rate cut in a row and came after official data indicated that annual inflation has dipped to below 40% for the …

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
3 weeks ago

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Associated Press  

FRANKFURT, Germany — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth. The February figure for the 20 countries that use …

UK inflation and interest rates 2025 predictions: What it means for your money
3 weeks, 6 days ago

UK inflation and interest rates 2025 predictions: What it means for your money

The Independent  

Hopes of interest rates coming down quickly this year appear to be fading amid rising taxes and economic uncertainty in the UK. Inflation may no longer be at double digits and the cost of living measure even managed to hit the 2 per cent target last year, which prompted interest rate cuts in August and November. He said: “The Bank …

US Fed Meeting Minutes: Officials signal caution on interest rate amid inflation concerns
Trending News
1 month ago

US Fed Meeting Minutes: Officials signal caution on interest rate amid inflation concerns

Live Mint  

US Federal Reserve officials remain cautious about adjusting interest rates, emphasizing the need for further progress on inflation before making any changes, minutes from the Federal Open Market Committee’s January 28-29 meeting showed, according to a Bloomberg report. “Participants indicated that, provided the economy remained near maximum employment, they would want to see further progress on inflation before making additional …

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
1 month ago

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts

Associated Press  

WASHINGTON — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump’s proposed tariffs and mass deportations of migrants, as well as strong consumer spending, …

What inflation surge means for your weekly shop - and why it has killed interest rate cut hopes
1 month ago

What inflation surge means for your weekly shop - and why it has killed interest rate cut hopes

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Office for …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation in the U.K. rose …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

Associated Press  

LONDON — Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England. The spike, which took inflation further above the bank’s target of 2%, was largely due to increases in airfares, food casts and private school fees in …

Fed’s Harker supports steady interest rate policy stance for now
1 month, 1 week ago

Fed’s Harker supports steady interest rate policy stance for now

Live Mint  

By Michael S. Derby NEW YORK, Feb 17 - Federal Reserve Bank of Philadelphia President Patrick Harker sounded an upbeat note on the state of the U.S. economy on Monday, and said he saw no reason to change interest rate policy right now as the central bank continued to work to lower inflation levels. Inflation remains elevated but appears on …

Markets scale back US Fed rate cut bets for 2025 amid inflation uncertainty
1 month, 1 week ago

Markets scale back US Fed rate cut bets for 2025 amid inflation uncertainty

Live Mint  

Market expectations of multiple rate cuts from the US Federal Reserve this year have weakened after US consumer prices rose more than expected in January, increasing the likelihood that the central bank will keep interest rates higher for longer. Policymakers are closely watching White House trade policy, with President Donald Trump pushing aggressive tariffs that also could boost prices and …

The latest inflation report shows that high prices are Trump’s major economic challenge
1 month, 1 week ago

The latest inflation report shows that high prices are Trump’s major economic challenge

Associated Press  

WASHINGTON — As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters’ fears about the economy. We’re going to knock the hell out of inflation.” Wednesday’s consumer price index report showed that inflation is punching back — and President Trump could end up facing the same challenges that dragged down his predecessor, President Joe …

The latest inflation report shows that high prices are Trump's major economic challenge
1 month, 1 week ago

The latest inflation report shows that high prices are Trump's major economic challenge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We’re going to knock the hell out of inflation.” …

Trump demands interest rates to be cut even after inflation hit a seven-month high
Trending News
1 month, 1 week ago

Trump demands interest rates to be cut even after inflation hit a seven-month high

Daily Mail  

Donald Trump called for interest rates in the US to be cut last night even after inflation hit a seven-month high. Closely-watched figures showed that inflation in the world’s biggest economy rose from 2.9 per cent in December to 3 per cent in January – their highest level since June. Costs crunch: Donald Trump called for interest rates in the …

U.S. consumer inflation unexpectedly up, Trump blames Biden
Trending News
1 month, 1 week ago

U.S. consumer inflation unexpectedly up, Trump blames Biden

Raw Story  

by Daniel AVIS U.S. consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. "The jump in consumer prices in January supports our view that the Fed will hold rates steady at least through of this year," Nationwide chief economist …

Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Trending News
1 month, 1 week ago

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

Associated Press  

WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. !” Yet Powell indicated during a press conference last month that the Fed, after cutting its key rate three times late last year, would hold off on further cuts as it waited …

US inflation tops forecasts, dimming chances for Federal Reserve rate cuts
1 month, 1 week ago

US inflation tops forecasts, dimming chances for Federal Reserve rate cuts

Hindustan Times  

Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest rates anytime soon. The so-called core consumer price index — which excludes food and energy costs — increased 0.4% in January after a 0.2% advance in December, Bureau of Labor Statistics figures showed Wednesday. Wednesday’s report serves as further evidence that …

Market tanks over hot inflation report as Trump demands interest rate cut
1 month, 1 week ago

Market tanks over hot inflation report as Trump demands interest rate cut

Daily Mail  

Trump's first inflation report since beginning his second term shows prices have risen more than expected. It comes as Federal Reserve Chair Jerome Powell told Senators yesterday that the Fed would not rush cutting interest rates as it continues its battle to tame inflation. Stocks took a hit in pre-market trading with the S&P 500 down more than one percent …

Powell says Fed doesn’t need to rush on rate cuts
1 month, 1 week ago

Powell says Fed doesn’t need to rush on rate cuts

Live Mint  

WASHINGTON—Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates. Powell defended last year’s rate cuts as a needed recalibration of its policy stance to account for improvement on inflation …

Did prices jump in January? Inflation report will provide latest update on consumer costs
1 month, 1 week ago

Did prices jump in January? Inflation report will provide latest update on consumer costs

Associated Press  

WASHINGTON — Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year. Wednesday’s inflation report will be closely watched to see if a recent trend that has bedeviled the inflation-fighters at the Federal Reserve will continue: In January 2024, prices jumped sharply in part because many …

US inflation rises to 3% in January, delaying Fed rate cuts
1 month, 1 week ago

US inflation rises to 3% in January, delaying Fed rate cuts

India Today  

WASHINGTON: U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts. “This just extends the Fed’s hold.” Inflation often jumps in January as many companies raise their prices at the beginning of the …

Inflation soars in January, hampering plans for rate cuts
1 month, 1 week ago

Inflation soars in January, hampering plans for rate cuts

Salon  

Inflation in the United States suddenly rose in January, in a turn of events one Federal Reserve Bank president called "sobering." The latest update showed that inflation rose to 3 percent in January — a leap of 0.5% and the fastest monthly increase since August 2023 — after many common household goods soared in price. Austan Goolsbee, president of the …

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
1 month, 1 week ago

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill

Associated Press  

WASHINGTON — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy. On Friday, Fed governor Adriana Kugler said that the labor market was “stable” and that “gives us a little bit of …

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 3 weeks ago

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Hindustan Times  

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and …

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 3 weeks ago

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Associated Press  

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. When measured in shorter time frames, inflation is slowing: In December, core prices ticked up 0.2% from the previous month, a pace that is nearly consistent with the Fed’s annual target. But the Fed’s preferred gauge …

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 3 weeks ago

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

LA Times  

An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing. Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. When measured in shorter time frames, inflation …

Trump lashes out at a favorite nemesis: The Federal Reserve
1 month, 3 weeks ago

Trump lashes out at a favorite nemesis: The Federal Reserve

Live Mint  

President Trump picked right up where he left off during his first term, badgering a favorite nemesis—the Federal Reserve and its chair, Jerome Powell—over its recent performance managing inflation and interest rates. During Trump’s first term, Powell erected guardrails to protect the Fed’s autonomy to set interest rates as it deemed fit—its so-called “independence"—by cultivating allies on Capitol Hill and …

US Fed: Rates on hold, inflation, policy uncertainty mount; what it means for Indian investors
1 month, 3 weeks ago

US Fed: Rates on hold, inflation, policy uncertainty mount; what it means for Indian investors

Live Mint  

After a two-day Federal Open Market Committee meeting, the US Federal Reserve announced on January 29 that interest rates would remain unchanged at 4.25-4.50 per cent at this juncture. Amid US President Donald Trump's call to "Make in America", costs for US companies will rise due to elevated rates, affecting global trade. "It seems that interest rates are likely to …

Federal Reserve keeps interest rates unchanged in unanimous decision
Trending News
1 month, 3 weeks ago

Federal Reserve keeps interest rates unchanged in unanimous decision

Deccan Chronicle  

The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for the federal funds rate at 4.25 per cent to 4.5 per cent.The decision comes as the central bank assesses the current state of the US economy, which remains strong despite some inflationary pressures.Chair Jerome Powell, addressing the press after the Federal Open …

Inflation eases as the price of essentials like fuel, pharmaceuticals and electricity fall
1 month, 3 weeks ago

Inflation eases as the price of essentials like fuel, pharmaceuticals and electricity fall

ABC  

The chances of a Reserve Bank interest rate cut in February have improved significantly. Annual core inflation fell from a revised 3.6 per cent in the September quarter, to 3.2 per cent in the December quarter. Annual healthcare inflation has dropped from 4.8 per cent to 4 per cent — indeed, there was deflation in the health category in the …

The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
1 month, 3 weeks ago

The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well

CNN  

New York CNN — The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow …

Fed leaves rates unchanged, sees no hurry to cut again
Trending News
1 month, 3 weeks ago

Fed leaves rates unchanged, sees no hurry to cut again

Live Mint  

* US central bank leaves policy rate in 4.25%-4.50% range * Officials still waiting for clarity on Trump policies * 'We do not need to be in a hurry,' Powell says By Howard Schneider, Michael S. Derby WASHINGTON, Jan 29 - The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would …

How Federal Reserve's interest rate pause will impact regular American wallets
1 month, 3 weeks ago

How Federal Reserve's interest rate pause will impact regular American wallets

Hindustan Times  

Borrowers hoping for more financial relief from the Federal Reserve may need to wait longer, as the central bank is expected to pause additional rate cuts at its January 29 meeting. Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate reductions last year. How Fed's interest rate pause affects borrowers “Anyone …

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’
Trending News
1 month, 3 weeks ago

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’

Hindustan Times  

The US Federal Reserve on Wednesday decided to keep the interest rate cuts unchanged in its first major decision under President Donald Trump's second term. The Fed Reserve said that the interest rate will remain unchanged in the 4.25-4.50% range, noting that inflation remains "somewhat elevated, and economic outlook is uncertain". The Fed statement does not include the language that …

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
1 month, 3 weeks ago

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump

Associated Press  

WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. In a statement, the Fed said the job market is “solid,” and noted …

Inflation fall sparks hopes for a rate cut
1 month, 3 weeks ago

Inflation fall sparks hopes for a rate cut

ABC  

Welcome to The World Today. Andy Park: So the question that really matters is how will the Reserve Bank likely view these figures ahead of next month's interest rates decision? Andy Park: Two of Victoria's national parks remain closed as fire crews continue to bring several large bushfires under control in Victoria's west. Kathleen O'Connor: Fire crews have spent the …

Fed pauses interest rate cuts. What happens next may depend on Trump
1 month, 3 weeks ago

Fed pauses interest rate cuts. What happens next may depend on Trump

LA Times  

President Trump nominated Jerome Powell to be the Fed chair in 2017 but frequently criticized him for not lowering interest rates in Trump’s first term. After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump’s continued threats of new …

The Federal Reserve holds interest rates steady as inflation remains stubborn
1 month, 3 weeks ago

The Federal Reserve holds interest rates steady as inflation remains stubborn

NPR  

The Federal Reserve holds interest rates steady as inflation remains stubborn toggle caption Andrew Caballero-Reynolds/AFP The Federal Reserve held interest rates steady Wednesday as it seeks to curb stubborn inflation. Sponsor Message While the decision to leave rates unchanged was widely expected, it sets up a potential clash with President Trump, who told reporters earlier this month that he believes …

Rate cut chances increase after inflation slows in final quarter of 2024
1 month, 3 weeks ago

Rate cut chances increase after inflation slows in final quarter of 2024

ABC  

The odds of an interest rate cut next month have increased, with official figures showing the Reserve Bank of Australia's preferred measure of inflation fell to 3.2 per cent over the year to December. The more volatile headline inflation figure came in at 0.2 per cent for the December quarter and 2.4 per cent for the year, down from a …

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