Federal Reserve officials signal cautious path ... - Associated Press News
13 hours ago · WASHINGTON (AP) — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed’s 2% target, officials said, “it would likely be appropriate to move gradually” in ...
Powell says Fed will likely cut rates ... - Associated Press News
Nov 14, 2024 · WASHINGTON (AP) — Chair Jerome Powell said Thursday that 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 …
CPI report updates: Inflation rises slightly | AP News
Nov 13, 2024 · Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month.
Federal Reserve issues FOMC statement
Nov 7, 2024 · Federal Reserve issues FOMC statement. Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains ...
Inflation Ticks Up Slightly - The New York Times
Nov 13, 2024 · The report today underscores why Fed officials have been hesitant to declare victory over inflation. While 2.6 percent is a lot better than the 9.1 percent peak inflation reached in 2022, it...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
Nov 7, 2024 · The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.
Federal Reserve News Fed Raises Rates at a Slower Pace: Live …
Dec 14, 2022 · The forecasts showed that Fed officials expect inflation to remain higher for longer than they thought a few months ago. They now expect consumer prices to rise 3.1 percent next year and 2.5 ...
Fed officials see interest rate cuts ahead, but only 'gradually ...
10 hours ago · By Jeff Cox, CNBC. Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace ...
Federal Reserve Officials Signal Cautious Path for Rate Cuts Amid …
12 hours ago · With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. FILE ...
Fed Minutes Signal More Caution on Cuts if Inflation Progress Stalls
13 hours ago · Central bank has lowered interest rates by 0.75 point since September. Federal Reserve officials discussed potentially slowing down or pausing interest-rate cuts if progress on lowering inflation ...