Lower inflation in the December quarter boosts chances of an interest rate cut
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Fed meeting live updates: Rate cuts paused as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
The Fed Held Rates Steady, Hitting Pause After a Series of Cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Inflation is down. Will you get a rate cut, or will the RBA hold again?
Underlying inflation dropped to its lowest rate in three years in the December quarter, strengthening the case for a ...
Live: Federal Reserve Remains Cautious Amid Uncertainty
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Fed Meeting Today Live: Fed Chair Powell Says He Has Not Communicated With President Donald Trump
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Rate cut chances increase after inflation slows in final quarter of 2024
Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the ...