Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
‘We Still Have an Inflation Problem.’ A Fed Newcomer Wants to Go Slow on Rate Cuts.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman Sachs.
US inflation picked up in December but underlying price pressures eased
U.S. inflation likely 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.
IMF warns Trump’s policies could fuel inflation and block rate cuts
The IMF has warned that Trump's plans to impose higher blanket tariffs by up to 20%, lower taxes, and restrict immigration could lead to higher inflation and prevent Fed interest rate cuts. The fund substantially raised its forecast for U.
Fed may pause rate cuts in January amid inflation concerns tied to Trump’s policies: Reuters poll
A slim majority of economists surveyed by Reuters believe the US Federal Reserve will hold its key interest rates steady during its January 28-29 meeting and likely resume cuts in March. The decision will be influenced by the administration of President-elect Donald Trump,
Trump’s Return Nudges Economists’ Inflation Outlook Higher
Economists are starting to model the effects of President-elect Donald Trump’s plans to raise tariffs, cut taxes and restrict ...
4 Reasons High Inflation Hasn't Gone Away
The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
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CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
Tariff Changes May Complicate Inflation Outlook, Says Fed’s Hammack
Tariffs are a wild-card for inflation this year, but it is too soon to say what any changes will mean for the Federal Reserve ...
Fed's Hammack says inflation remains a problem, WSJ reports
Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday ...
The Way Out of Our Inflation Mess
The Federal Reserve's premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still ...
Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...