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"Inflation is stuck above target and risks are skewed to the upside. ... the central bank lowered rates by 100 basis points via three cuts last year, and forecasts for four more cuts this year ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
The worst forecast penciled in job cuts of 25,000 each month, on average, over the next 12 months, while the most upbeat estimate expects job growth to average 180,000 a month.
The December survey includes forecasts for the annual average for the current year and for the next two years. [3] Beginning with the survey of June 1990 (and excluding December 1990) two other long-range forecast questions were included in the survey: The 10-year annual-average rate of consumer price index inflation. The 10-year annual-average ...
The yield on the benchmark 10-year Treasury note eased marginally, but at 4.79%, it remained close to its 14-month high, keeping a lid on equity gains. [US/] Some megacaps rose, with Nvidia ...
WASHINGTON (Reuters) -Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher ...
Policymakers now forecast headline PCE inflation to reach 2.5% next year, up from the September projection of 2.1%, and 2.1% in 2026, compared to the previous 2% estimate.
The figure topped economists’ consensus forecast for 3.4% year-over-year inflation, and February’s 3.2% reading. ... Markets reacted as expected to the hot inflation report on Wednesday, with ...