The Fed sees its inflation fight as a success. Will the public ...
WEB15 hours ago · Little noticed in a news conference Chair Jerome Powell gave Wednesday was his estimate that the Fed's preferred inflation gauge would amount to just 2.2% for August when the figure is released ...
Analysis: Fed’s triumph over inflation shows the need for some
WEB1 day ago · Fed’s triumph over inflation shows the need for some institutions to be free from politics ... Federal Reserve Chairman Jerome Powell speaks during a news conference on September 18, 2024, in ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB5 days ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
The Fed cuts key rate by half-point, signaling end to its inflation ...
WEB4 days ago · Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% target. The Fed’s policymakers also signaled that they expect to cut their key rate by an additional half-point in their final two meetings this year, in November and December.
Fed Governor Waller Says Slowing Inflation Led Him to Back Half …
WEB3 days ago · Federal Reserve Governor Christopher Wallersaid favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates ...
US inflation reaches 3-year low as Fed prepares to cut interest …
WEBSep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the …
Inflation Remains Subdued, as Fed Preps Rate Cut
WEBSep 11, 2024 · Federal Reserve officials are widely expected to make their first interest rate cut in more than four years next week, and the fresh inflation reading — which was the coolest in more than three...
US inflation slowed again in July, clearing way for Fed to cut rates ...
WEBAug 14, 2024 · WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
Inflation falls to 3-year low as Fed prepares to cut ... - CBS News
WEBSep 12, 2024 · Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Prices rose 2.5% in the 12 months ending in...
Federal Reserve News Fed Takes Aggressive Action in Inflation …
WEBJun 15, 2022 · The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling...