Monday, December 23, 2024
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inflation target

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a...

Fed’s Musalem expects more rate cuts but says easing path is less clear

By Michael S. Derby NEW YORK (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects...

Bridgewater Says Trump May Pick More Accommodating Fed Chief

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

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

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

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

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

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

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

Morning Bid: Markets mull potential US ‘no landing’

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...

Morning Bid: Markets mull potential US ‘no landing’

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...

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

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

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

(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...

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

(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...

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

(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...

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