The Fed is flying blind. Investors don’t seem to care.
6 months ago

The Fed is flying blind. Investors don’t seem to care.

Live Mint  

You can spend a lot of time on Federal Reserve kremlinology, analyzing policymaker statements and forecasts. Fed policymakers say not: Only one official predicted cuts of more than a quarter point at the two meetings between now and the end of the year. Just this year the median policymaker’s rate forecast has swung from predicting three rate cuts by the end of this year, down to one in its dot plot three months ago, and now back up to four, including last week’s double. The hard-hit speculative growth companies had a particularly good day on Thursday, as did the lowest-rated junk bonds, CCC and below, whose yield is almost back down to the extra above Treasurys they offered just after the Fed’s first post-Covid-19 rate rise in 2022. To work out, investors need inflation to come in cooler and the jobs market to weaken a bit more so that the Fed can get comfortable with big cuts, all without any threat of recession that would push up corporate defaults, hit stocks and drag down long-dated bond yields.

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History of this topic

US Fed keeps interest rates unchanged: Key takeaways from the meeting
1 week, 1 day 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 …

The Fed holds interest rates steady but cuts economic growth forecasts because of tariffs
55 years, 2 months ago

The Fed holds interest rates steady but cuts economic growth forecasts because of tariffs

CNN  

An exterior view of the Marriner S. Eccles Federal Reserve building on November 8, 2024, in Washington. Aaron M. Sprecher/AP Investors are all but certain the Federal Reserve will hold interest rates steady at this month’s meeting. That’s why investors will be paying much closer attention to the Fed’s so-called “dot plot,” set to be released at 2 pm ET, …

Powell says Fed marking time to see economic impact of Trump policies
Trending News
2 weeks, 6 days ago

Powell says Fed marking time to see economic impact of Trump policies

Live Mint  

March 7 - The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday. MARKET REACTION: STOCKS: The S&P 500 pared a loss and …

Powell says Fed doesn’t need to rush on rate cuts
1 month, 2 weeks 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 …

‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts
1 month, 2 weeks ago

‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts

Live Mint  

US Federal Reserve Chair Jerome Powell reaffirmed the central bank’s cautious stance on interest rates during his testimony before Congress on Tuesday, stating that inflation remains elevated while the job market remains strong. Higher interest rates could prolong elevated mortgage rates and borrowing costs, though long-term Treasury yields, which influence mortgage rates, move independently of Fed decisions. Impact of Trump …

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
1 month, 2 weeks 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 …

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 …

US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?
1 month, 4 weeks ago

US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?

Firstpost  

Last week, Trump revived his criticism of the Fed and its chair Jerome Powell, whom he first appointed to run the US central bank. ‘I’ll demand that interest rates drop immediately,’ he said After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause …

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
1 month, 4 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 …

Fed pauses interest rate cuts. What happens next may depend on Trump
1 month, 4 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 …

Key takeaways from the Fed’s decision to pause interest rate cuts
1 month, 4 weeks ago

Key takeaways from the Fed’s decision to pause interest rate cuts

CNN  

Washington CNN — The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second term. Fed officials reached that conclusion in their latest policy statement, omitting a phrase included in the previous statement that said inflation has “made progress.” Officials have said recently that they’re still confident inflation will eventually …

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts
2 months ago

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts

The Hindu  

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Some officials, including Beth Hammack, president of the Fed’s Cleveland branch, have argued that the persistence of inflation means the Fed should keep its key rate …

Why are interest rates rising when the Fed has been cutting them?
2 months, 1 week ago

Why are interest rates rising when the Fed has been cutting them?

Associated Press  

NEW YORK — What’s shaking Wall Street seems so backwards. The bond market’s moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But the Fed’s influence is limited when it comes to the interest rates that are currently knocking the stock market around, chiefly the 10-year Treasury yield. And the 10-year …

Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
2 months, 2 weeks ago

Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts

CNN  

New York CNN — US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. “The strong jobs report sent yields higher amid expectations for the Fed to pause its rate cutting cycle for a significant period of time,” Ross Mayfield, an investment strategist at Baird, wrote in a …

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
2 months, 2 weeks ago

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

The Hindu  

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. The minutes also showed that “almost all” Fed policymakers see a greater risk than before that inflation could stay higher than they …

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Trending News
2 months, 2 weeks ago

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

Associated Press  

WASHINGTON — 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. Fed Chair Jerome Powell said at a news conference after the meeting that the decision to reduce rates had been …

US Fed officials expected slower rate cuts in 2025, say December minutes
2 months, 2 weeks ago

US Fed officials expected slower rate cuts in 2025, say December minutes

Al Jazeera  

Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’. Trump tariffs The minutes also showed that “almost all” Fed policymakers see a greater risk than before that inflation could stay higher than they expect, in part because inflation has lingered in several recent readings and because of …

The Fed is trying—again—to size up Trump
3 months ago

The Fed is trying—again—to size up Trump

Live Mint  

Federal Reserve Chair Jerome Powell is walking an old tightrope into 2025: He is trying to avoid appearing confrontational with Donald Trump, even though some of his colleagues are signaling unease that the president-elect’s policies might rekindle inflationary pressures. Political antennae Powell said at a news conference last week that some officials accounted for potential policy changes in their new …

The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
3 months ago

The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more

LA Times  

Though the Fed doesn’t set mortgage rates, it does influence them. “Because the upcoming Trump administration’s policies might cause a resurgence in inflation or otherwise throw the economy off balance, the Fed might choose to take a wait-and-see approach and hold rates steady at their January meeting.” Depending on the specific proposals the Trump administration manages to enact, the Fed …

Does the Fed even know what it’s trying to do?
3 months, 1 week ago

Does the Fed even know what it’s trying to do?

Live Mint  

We might as well confront it head-on: What the Federal Reserve did this week doesn’t make any sense. The Federal Open Market Committee on Wednesday cut the target range for the Fed funds rate by one-quarter percentage point, to 4.25% to 4.5%, its third consecutive rate reduction. Because the first, in September, was a “jumbo" half-percent cut, the central bank’s …

Can US Federal Reserve’s revised rate cut outlook accelerate FII outflows from Indian stock market?
3 months, 1 week ago

Can US Federal Reserve’s revised rate cut outlook accelerate FII outflows from Indian stock market?

Live Mint  

The US Federal Reserve’s recent monetary policy decisions have sparked widespread debate about their implications for global markets, including India. While this move aligns with market expectations, the Fed’s hawkish outlook for future rate cuts has raised concerns about reduced foreign inflows into Indian markets. US Fed's cautious approach hurts Indian markets Indian stock markets faced a sharp decline on …

Fed lowers rates but sees fewer cuts ahead
Top News
3 months, 1 week ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed lowers rates but sees fewer cuts ahead
Trending News
3 months, 1 week ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed lowers rates but sees fewer cuts ahead
3 months, 1 week ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Wall Street witnesses a sharp fall after US federal reserve signals lower cuts in 2025
3 months, 1 week ago

Wall Street witnesses a sharp fall after US federal reserve signals lower cuts in 2025

Firstpost  

Wall Street witnessed a major drop after the Federal Reserve announced final cuts before US President-elect Donald Trump comes to power. However, the American central bank warned that there will be fewer cuts in 2025 Wall Street witnessed a sharp fall after the US Federal Reserve cut interest rates but warned that there will be fewer rate cuts in 2025. …

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets
Top News
3 months, 1 week ago

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets

India Today  

Stock markets are expected to open lower on Thursday, following a global market slump after the US Federal Reserve cut interest rates by 25 basis points. GLOBAL MARKET REACTIONS Wall Street reacted negatively to the Fed’s announcement, with all three major US indices—Dow Jones, S&P 500, and Nasdaq—posting their biggest single-day losses in months. Gift Nifty, an indicator for the …

Feds drop interest rates by another quarter-point easing burden for borrowers
Trending News
3 months, 1 week ago

Feds drop interest rates by another quarter-point easing burden for borrowers

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. This year's Fed rate reductions have marked a …

US Fed cuts key rate a quarter point and signals fewer cuts ahead
3 months, 1 week ago

US Fed cuts key rate a quarter point and signals fewer cuts ahead

Deccan Chronicle  

WASHINGTON: The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of cuts ahead, as uncertainty grows over inflation and President-elect Donald Trump's economic plans. While inflation has "eased significantly," the level remains "somewhat elevated" compared to the Fed's long-term target of two percent, Chair Jerome Powell said Wednesday. Just two cuts In …

US Fed lowers benchmark rate to 4.25-4.50% for third straight meeting, eyes two cuts in 2025; 5 key highlights
3 months, 1 week ago

US Fed lowers benchmark rate to 4.25-4.50% for third straight meeting, eyes two cuts in 2025; 5 key highlights

Live Mint  

The US Federal Reserve announced its eighth and final monetary policy decision for 2024 after a two-day Federal Open Market Committee meeting and slashed its benchmark interest rate by or a quarter of a percentage point to 4.25-4.50 per cent. US Fed chair Jerome Powell-led rate-setting panel cut the federal funds rate for the third straight meeting after kicking off …

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025
3 months, 1 week ago

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025

Hindustan Times  

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in 2025, signaling greater caution over how quickly they can continue reducing borrowing costs. A majority of economists in a Bloomberg survey had expected the median rate estimate would point to three cuts next year. Bumpy Inflation Policymakers …

U.S. Fed expected to cut again, despite uncertain path ahead
3 months, 1 week ago

U.S. Fed expected to cut again, despite uncertain path ahead

Raw Story  

The U.S. Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation's downward path and the possible impact of some of President-elect Donald Trump's economic proposals. "If the Fed wasn't going to do that, they would have dissuaded markets of that notion …

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
3 months, 1 week ago

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

Associated Press  

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation. “I think that a slower pace of cuts really reflects both the higher inflation readings we’ve had …

US Federal Reserve likely to cut interest rate for third straight time | Key points
3 months, 1 week ago

US Federal Reserve likely to cut interest rate for third straight time | Key points

Hindustan Times  

The US Federal Reserve is likely to cut interest rate for a third straight time, when Fed officials meet in Washington on Wednesday. US Fed rate cut: Here's all you need to know The US central bank is widely expected to lower its benchmark rate by a quarter percentage point, Bloomberg reported. However, such a decision by the Fed would …

The Fed is about to deliver the last rate cut for a while
Trending News
3 months, 1 week ago

The Fed is about to deliver the last rate cut for a while

CNN  

Washington CNN — The Federal Reserve on Wednesday is expected to cut interest rates for the third time this year, in what could be the last rate cut for months. The Fed’s key interest rate influences borrowing costs across the economy and it’s used to achieve stable prices and maximum employment, two key goals mandated by Congress. With inflation nearly …

Fed makes third rate cut this year, suggests fewer in 2025
3 months, 1 week ago

Fed makes third rate cut this year, suggests fewer in 2025

Salon  

The Federal Reserve on Wednesday committed to a final interest rate cut this year, as widely expected by economists and investors, but suggested fewer cuts next year. “The slower pace of cuts for next year really reflects both the higher inflation readings we’ve had this year and the expectation inflation will be higher.” Going into the December meeting, market expectations …

Fed lowers interest rates again but pares back plans for more cuts in the future
3 months, 1 week ago

Fed lowers interest rates again but pares back plans for more cuts in the future

LA Times  

Federal Reserve Chairman Jerome Powell has led the central bank’s battle to bring inflation down to 2%, but progress has stalled in recent months. Stocks plunged after the Fed announced its quarter-point rate reduction and updated projections, which halved the number of rate cuts for next year. And one Fed voting member, Beth M. Hammack, president of the Fed Bank …

Will the Fed keep cutting in 2025?
3 months, 1 week ago

Will the Fed keep cutting in 2025?

Live Mint  

Investors see an interest-rate cut by the Federal Reserve this week as all but certain. Approaching neutral This week’s meeting is likely to deepen debates on two issues that could define where rates go over the next year: the location of the “neutral" rate of interest and the potential for policy changes by President-elect Donald Trump. “It looks like you’ve …

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
3 months, 1 week ago

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

Associated Press  

WASHINGTON — Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next year than were previously expected. Instead, inflation has become stuck at a higher level, yet the Fed after Wednesday’s meeting will likely have lowered its …

The Fed’s game plan on interest-rate cuts keeps shifting
3 months, 1 week ago

The Fed’s game plan on interest-rate cuts keeps shifting

Live Mint  

Federal Reserve Chair Jerome Powell had to reassure some skeptical colleagues that the central bank wouldn’t inadvertently send signals of distress when he led them to start lowering borrowing costs at the end of the summer with a gutsy, larger-than-usual half-point reduction. Given recent economic activity, “it’s hard to think that the level of interest rates is restrictive at this …

US Fed to play ‘cut-and-pause’ for meeting dual mandate of growth & inflation; Fewer rate cuts eyed in 2025: Experts
3 months, 1 week ago

US Fed to play ‘cut-and-pause’ for meeting dual mandate of growth & inflation; Fewer rate cuts eyed in 2025: Experts

Live Mint  

The US Federal Reserve will begin its deliberations for the latest monetary policy decisions on Tuesday, December 17, and will announce its new benchmark interest rate decision on December 18. The US central bank will conduct its two-day Federal Open Market Committee meeting amid Wall Street bets that will likely stay on course towards delivering another rate cut even after …

Bond Market Has Worst Week in Months With Less Fed Action Seen
3 months, 2 weeks ago

Bond Market Has Worst Week in Months With Less Fed Action Seen

Live Mint  

An orderly selloff in the US government bond market continued for a fifth straight day, with the 30-year bond’s yield posting its biggest weekly increase of the year. Inflation, if anything, is bending up.” The extra yield offered by long- versus short-maturity yields “is not enough at this point of time.” Next week’s Fed meeting includes an updated summary of …

Investors shouldn’t count on much help from the Fed next year
3 months, 2 weeks ago

Investors shouldn’t count on much help from the Fed next year

Live Mint  

Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising 2.7% in November from a year earlier, up from 2.6% in October. Despite the slowdown, jobs are still posting decent gains, and overall economic momentum remains strong, with real gross domestic product growth clocking in at an annualized 2.8% in the third quarter. But the public data already …

A top Fed official leans toward December rate cut but says it depends on economic data
3 months, 3 weeks ago

A top Fed official leans toward December rate cut but says it depends on economic data

Associated Press  

WASHINGTON — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view. But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which …

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
4 months ago

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation

Associated Press  

WASHINGTON — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed’s 2% target, officials said, “it would likely be appropriate to move gradually” in lowering rates, according to minutes of the November 6-7 meeting. Yet …

month peak as market awaits next Fed cue
4 months ago

month peak as market awaits next Fed cue

Live Mint  

By Brigid Riley TOKYO - The U.S. dollar stuck close to a 13-month high on Friday as investors assessed the outlook for the Federal Reserve's interest rate path and uncertainty in Europe kept the euro on the back foot, while bitcoin eyed the $100,000 level. The yen, meanwhile, held its ground against the greenback after domestic core inflation figures remained …

Federal Reserve’s likely slowdown in rate cuts could disappoint borrowers
4 months, 1 week ago

Federal Reserve’s likely slowdown in rate cuts could disappoint borrowers

Associated Press  

WASHINGTON — Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. “The potential for growth to remain strong — that has to call into question whether they will feel either the need or ability to cut rates …

Powell says solid economy allows Fed to consider rate cuts ‘carefully’
4 months, 1 week ago

Powell says solid economy allows Fed to consider rate cuts ‘carefully’

Live Mint  

Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in deciding how quickly to continue reducing interest rates. Before Powell’s remarks, investors in interest-rate futures markets expected the central bank to lower rates by a quarter point at that meeting and then to slow down the pace of cuts …

US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
Trending News
4 months, 1 week ago

US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy

Live Mint  

The US Federal Reserve does not need to rush to cut interest rates due to the ongoing economic growth, a solid job market, and inflation that remains above its 2% target, said Fed Chair Jerome Powell. According to Powell, the Fed policymakers believe inflation is progressing toward a “sustainable path to 2%” that will enable the US central bank to …

Powell says Fed will likely cut rates cautiously given persistent inflation pressures
4 months, 1 week ago

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Associated Press  

WASHINGTON — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. In his remarks Thursday, Powell suggested that inflation may remain stuck somewhat above the Fed’s …

US Fed rate cut: First inflation uptick in 7 months does little for Powell-led FOMC’s December plans; here’s why
4 months, 1 week ago

US Fed rate cut: First inflation uptick in 7 months does little for Powell-led FOMC’s December plans; here’s why

Live Mint  

The US Federal Reserve will likely stay on course towards delivering another interest rate cut in its December policy meeting even after the latest inflation print revealed that consumer prices rose for the first time in seven months. Wall Street analysts say that October's inflation data "will change little for the US Fed'' when the Federal Open Market Committee will …

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