Consumer prices rose in November at the fastest pace in seven months, but the latest inflation report is probably not hot enough to sidetrack the Federal Reserve from cutting interest rates again next ...
The U.S. job market seems to be in a sustainable place after the latest data for November is factored in, said Chicago Fed President Austan Goolsbee on Friday. "It feels like steady as she goes.
Atlanta Fed President Raphael Bostic said the Fed's inflation fight remained on track, while expressing more caution about the best course of action. "I believe inflation remains on a path ...
Track all markets on TradingView As of December 6, futures traders assigned an 87% probability to the FOMC announcing a quarter-point cut at the conclusion of the next Fed meeting, up from 66% a ...
Two data points are key for the Fed to cut interest rates by 0.25% next week at its final policy meeting of the year: slowing inflation and a weakening labor market. While today's Consumer Price ...
The US appears on track to hit its long-term target of two ... and inflation at 2.3 percent in October, according to the Fed's favored measure. But as close as inflation now is to two percent ...
Rather, I would think that the core CPI would have to increase by 0.4 per cent or more to convince the Fed to pause in December.” Wells Fargo’s Sarah House: “The November employment report ...