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inflation target

Bussiness

Bridgewater Says Trump May Pick More Accommodating Fed Chief

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(Bloomberg) -- President-elect Donald Trump’s policies on tariffs, fiscal stimulation and immigration will likely push the US toward missing its...
Bussiness

Japan’s Biggest Base Pay Rise in 31 Years Keeps BOJ on Track

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(Bloomberg) -- Japanese workers’ base salaries saw the largest increase in over three decades, supporting the Bank of Japan’s view...
Bussiness

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

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WASHINGTON (AP) — As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government...
Bussiness

BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

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OTTAWA — The Bank of Canada claimed victory against high inflation on Wednesday as it delivered a supersized interest rate...
Bussiness

Morning Bid: Markets mull potential US ‘no landing’

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By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets.Trading in Asia kicks off on Monday with the global macro and...
Bussiness

Morning Bid: Markets mull potential US ‘no landing’

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By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets.Trading in Asia kicks off on Monday with the global macro and...
Bussiness

New PCE reading supports case for smaller Fed rate cut in November

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A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall, likely in 25 basis point...
Sports

Instant view: August US PCE inflation cools to within reach of Fed target

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(Reuters) - The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported...
Bussiness

Fed’s Cook says she ‘wholeheartedly’ supported half-point rate cut

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(Reuters) - Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address...
Bussiness

Fed’s Cook says she ‘wholeheartedly’ supported half-point rate cut

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(Reuters) - Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address...
Bussiness

Fed’s Waller: Weak inflation data cemented case for 50 basis point cut

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By Howard SchneiderWASHINGTON (Reuters) - U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike...
Bussiness

Analysis-Big Fed cut puts an ECB move next month on traders’ radar

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By Balazs Koranyi and Francesco CanepaFRANKFURT (Reuters) - A big interest rate cut from the U.S. Federal Reserve on Wednesday raised bets on further...
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