That’s hurting stock prices. The Fed has cut its main interest rate by a full percentage point since September. The intent is to give the economy breathing room after the Fed earlier hiked the federal ...
Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts. The rally slashed Treasury yields across maturities ...
Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...
US Core CPI Finally Eases, Rallying Bets for Fed to Cut Sooner CPI minus food, energy rose 0.2%, less than median forecast Hotel stays, tame rent increases help restrain price pressures ...
Economists had penciled in a 0.3% rise. Traders of interest-rate futures still see the Fed waiting until June to deliver a first rate cut, but are now pricing about even odds the central bank will ...
"Inflation is stuck above target, with upside risks." BNP Paribas said it was sticking to its call of no Fed rate cuts in 2025. In a previous note, the European bank said it foresaw a "large ...
Markets are pricing in a 25 basis point cut from the Fed for December, after not fully pricing one in for 2025. With Wednesday's U.S. inflation report up next, any upside surprise could further ...