Why a CPI surprise could trip up the Fed’s rate-cutting plans
WEB16 hours ago · Inflation surprises could prompt the Federal Reserve to dial back, or pause, its interest rate cutting cycle as oil prices climb and hurricanes skew coming economic data. Photo: Getty Images ...
Why a CPI surprise could trip up the Fed's rate-cutting plans
WEB14 hours ago · Traders were pricing in a roughly 88% chance of a 25-basis-point rate cut at the Fed's next decision day on Nov. 7, with the odds of no change hovering near 11%, according to the CME's FedWatch ...
Why a CPI surprise could trip up the Fed’s rate-cutting plans - MSN
WEBThe Atlanta Fed’s GDPNow estimate pegged the third-quarter figure at 3.2%, up from 2.5% on Oct. 1. While GDP isn’t “the best measure to gauge the economic costs” of major storms, according ...
Treasury Yields Rise as Fed Rate-Cut Hopes Fade Before CPI
WEB8 hours ago · Treasury Yields Rise as Fed Rate-Cut Hopes Fade Before CPI. (Bloomberg) -- US Treasury yields rose as traders nixed bets on additional Federal Reserve interest-rate cuts this year ahead of ...
Inflation still slowing, CPI to show, but some warning signs might ...
WEB14 hours ago · The rate of U.S. inflation is likely to slow again in September, but fresh doubts have emerged about whether the Federal Reserve can hit its 2% target earlier than expected.
Consumer Price Index (CPI) News Release - U.S. Bureau of Labor Statistics
WEBSep 11, 2024 · In August, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.5 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in August (SA); up 3.2 percent over the year (NSA).
Inflation Remains Subdued, as Fed Preps Rate Cut
WEBSep 11, 2024 · The Consumer Price Index climbed 2.5 percent in August from a year earlier, a notably cooler pace of inflation than July’s 2.9 percent and down sharply from a peak of 9.1 percent back in 2022.
Fed’s Powell is unfazed by the latest hot inflation reading
WEBMay 14, 2024 · The Producer Price Index, which measures the change in prices that manufacturers pay to suppliers, rose 0.5%, a much faster pace than March’s 0.1% decline. “I wouldn’t call it hot, I would...
October Inflation Report - The New York Times
WEBNov 14, 2023 · The report provides the Federal Reserve with evidence that its battle against rapid inflation is working. The overall Consumer Price Index slowed to 3.2 percent last month on a year-over-year...
Inflation eases to 3.4% in boost for the Federal Reserve - CBS News
WEBMay 15, 2024 · Wall Street is closely watching Wednesday's CPI report for signs that the Federal Reserve's battle against inflation is regaining some ground after prices ticked higher in the first three...