Search results
Results From The WOW.Com Content Network
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 ...
Shelter moderates, food remains sticky. Notable callouts from the inflation print include the shelter index, which rose 4.7% on an unadjusted, annual basis, lower than October's 4.9% increase.
Investors will be closely watching a fresh reading on inflation for clues on the Fed's interest rate-cutting path. ... Economic data: Personal income, October (0.3% expected, 0.3% prior); ...
Inflation's path lower has coincided with resilient economic growth data. Gross Domestic Product (GDP) showed the US economy grew at an annualized pace of 2.8% during the third quarter.
WASHINGTON DC, USA - JAN. 29: U.S. Federal Reserve Chairman Jerome Powell speaks as the U.S. Federal Reserve kept the benchmark policy rate at 4.25%-4.5% as widely expected on January 29, 2025 in ...
The latest batch of inflation data offered the Fed a brightly illuminated, fog-free runway for an ambitious soft landing. When enough time goes by, economic data that once constrained policymakers ...
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 ...
The Fed's preferred measure of inflation — the personal consumption expenditures price index excluding volatile food and energy prices — climbed 4.6% in February from a year earlier, data out ...