The Fed Is Unlikely To Cut Interest Rates In January Due To Inflation
Gold extends gains after US inflation data eases rate cut worries
Gold Broadly Stable After U.S. Inflation Data Eases Rate-Cut Concerns
Gold prices are broadly stable as a softer-than-expected U.S. inflation reading rekindled hopes of interest-rate cuts next year. The personal consumption expenditures price index--the Federal Reserve's preferred inflation gauge--rose 0.
The Federal Reserve Admits They Think Inflation Is About To Go Up
The December 2024 economic projections from the central bank show significant changes from the September figures. They indicate rising inflation and potential impact.
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Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after. But the job isn’t finished yet. Inflation is now well ...
Federal Reserve's preferred inflation gauge shows price pressures eased last month
Fed's Inflation Gauge Shows Easing Price Pressures in November
Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.
Fed’s preferred inflation gauge in November was lower than expected, but remains elevated
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.
Most Gulf shares gain on US inflation relief; Egypt extends losses
Most stock markets in the Gulf ended higher on Monday, in step with global equities, after cooler-than-expected U.S. inflation data revived hopes of further policy easing by the Federal Reserve.
Oil gains as cooling US inflation points to possible easing
Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year weighed on the market. Brent crude futures rose 37 cents,
The Federal Reserve Is Feeling Edgy About Inflation
More importantly, inflation is also proving stubborn. Some argue that the Fed should be willing to tolerate (even if only implicitly, rather than explicitly) inflation being a bit higher for a bit longer than it theoretically should. Mohamed A. El-Erian over on Bloomberg Opinion explains this “3% inflation target” view here.
Federal Reserve cuts interest rates by quarter point in December
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records. The Federal Reserve has been communicating its ambition to stamp out inflation for over two years and yet it’s about to cut interest rates as prices continue to move in the wrong direction.
Mosaic's Moment: Why This Inflation-Linked Stock Is Ready To Bloom
Energy and agriculture sectors, particularly companies like The Mosaic Company, tend to outperform during inflationary periods. Read why MOS stock is Strong Buy.