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And November’s inflation data could be even lower due to falling gasoline and rent prices, according to Yardeni, who noted that the Cleveland Fed's Inflation Nowcasting model is showing just 3% ...
October inflation data, set to be released on Nov. 14, is expected to show an increase at a 0.07% monthly rate for the month, according to Nowcasts from the Cleveland Fed.
WASHINGTON (Reuters) -Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage point last week ...
Nowcasting in economics is the prediction of the very recent past, the present, and the very near future state of an economic indicator. The term is a portmanteau of "now" and "forecasting" and originates in meteorology. Typical measures used to assess the state of an economy, such as gross domestic product (GDP) or inflation, are only ...
The monthly increase marked a stark shift in the inflation data. Prior to Thursday's release, the six-month annualized rate of price increases had been below the Fed's 2% goal for two consecutive ...
Cleveland Fed President Loretta Mester said Tuesday that the central bank could lower interest rates "later this year," warning it would be a "mistake" to cut too soon.
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. [1] They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates ...
The president of the Federal Reserve Bank of Cleveland said she still sees inflation risks, citing higher oil and gas prices. Fed's Mester still views one more rate hike as appropriate [Video ...