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That would be well below the 40-year high of 9.1% in mid-2022 and modestly above the Federal Reserve’s 2% goal. ... that could push inflation higher will keep the Fed cautious and patient with ...
Cleveland Fed President Beth Hammack, who was the sole dissenter at the Fed’s policy meeting earlier this week, favoring a pause, said Friday she needs to see “further evidence that inflation ...
Thursday's release is the final look at inflation before the Fed's next policy decision on Nov. 7. Key Fed inflation gauge shows price increases match expectations in September [Video] Skip to ...
Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland. ... The Atlanta Fed forecasts inflation to decelerate to 2.5% by the end of 2024 and closer to 2% by the end of 2025.
Several Fed officials have said it may be time for the Fed to scale back its pace of rate cuts, while economists predicted Trump’s proposed policies could change the Fed’s inflation calculations.
Cleveland Fed president Loretta Mester said Thursday that the latest reading on inflation doesn’t alter her calculus for three rate cuts later in 2024.. A month-over-month jump in the Fed’s ...
A new reading of the Federal Reserve’s preferred inflation gauge could make it easier for the central bank to justify a dovish shift in 2024, setting the stage for rate cuts in the new year ...
Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central ...