Inflation Report Keeps Dec. Rate Cut in Play

Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's officials want to see where it heads next.
Inflation Report Keeps December Rate Cut in Play
The October consumer-price index keeps the door open for Federal Reserve officials to cut interest rates at their meeting next month. A monthly rise of 0.28% in prices, excluding volatile food and energy items,
Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...
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US inflation rose slightly last month after 2 years of steady cooling but remained low
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Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
Brazil's incoming central bank chief stresses 'various paths' to achieve inflation target
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