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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. ...
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. Similarly, core PCE ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP) published in December, the central bank sees core inflation hitting 2.5% next year, higher than its ...
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...
Yet the Fed also projected a slower pace of cuts in 2025, a move that had been expected by economists given the nation's still-sticky inflation rate and some of President-elect Donald Trump's ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year — stickier inflation data aside — and hinted at slowing down the pace of rate cuts.
Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October. ... The probability of a rate cut next week, ... economists at Goldman Sachs have forecast ...
It's "nonesense" to expect Trump's policies to spark a resurgence of inflation in the coming years, economist Steve Hanke said.