Sticky inflation creates rift at Fed over how much to cut rates

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal. Read More

Worries of a Fed policy mistake are growing amid a hot economy and sticky inflation

The fear among some commentators is that the Fed is cutting rates in a hot economy with inflation above target, raising the risk it has to hike again. Read More

Inflation Ticks Up as Economy Shows No Sign of Slowing Down

“Net, net, the economy has built up a lot ... while Canada said it was interested in talks with the U.S. “We expect the Fed to slow the pace of rate cuts over the next 18-to-24 months as ... Read More

Charting the Global Economy: Sticky Inflation Backs Fed Caution

(Bloomberg) -- The Federal Reserve’s preferred inflation measure accelerated in October, helping explain US central bankers’ more cautious approach to interest-rate cuts. Top-line inflation in ... Read More

Fed Rate Cut Seems Like a ‘Coin Flip,’ with Inflation Again Looking Sticky

The November Consumer Price Index report showed that inflation ticked up slightly in November—a signal that the Federal Reserve’s battle to bring down price pressures in the economy is not yet ... Read More

The Fed’s Favorite Inflation Measure Sped Up in October

The upshot from the report is that inflation is proving sticky ... Trump’s potential policies would affect the economy. Officials could begin to strike a warier stance on rate cuts for another ... Read More

Sticky inflation might make it more tricky for Fed rate cuts, CPI could show

Consumer-price index this week might post another ‘bump’ in inflation Last Updated: Nov. 12, 2024 at 12:52 p.m. ET First Published: Nov. 12, 2024 at 12:51 p.m. ET Share ... Read More

Fed's Key Inflation Measure Likely Stayed Above-Target In October

He's also worked at U ... economy recovered from the pandemic in 2022. With inflation having steadily fallen this year, Fed officials grew confident enough that it was under control to start ... Read More

U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous ... Read More

U.S. Economy Gives Thanks to Wall Street and Main Street Alike

In all, 2024 is shaping up to be a much better year for the U.S. economy ... Key to the Fed’s decision will be the performance of the labor market and also a reading out on Wednesday on a key ... Read More

Key Fed Inflation Metric Rises As Trump's Tariffs Loom

The Federal Reserve's key metric for tracking inflation went up in October, potentially tossing a wrench into the central bank's plans for rate cuts ... the effects on the economy would be ... Read More