CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Rupee may not build on recovery despite renewed Fed rate-cut hopes
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes that the U.S. Federal Reserve may cut interest rates this quarter.
Bitcoin rebounds to $100,000 as inflation data puts Fed rate cuts ‘back on the table’
Bitcoin has changed direction after weeks of retreat during which crypto investors dumped risky assets. The cryptocurrency rose 4% in the past 24 hours to $100,000 immediately following the release of closely-watched inflation data.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten (Live Coverage)
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as Wall Street weighed the CPI's implications for Federal Reserve policy as well as positive earnings reports from Dow Jones giants JPMorgan Chase and Goldman Sachs.
US businesses optimistic but flag concerns, Fed survey shows
The survey's findings, which draw on observations from the business contacts of each of the Fed's 12 regional banks, provide ...
Fed's Williams says policy data dependent in very uncertain environment
Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy actions will be driven by ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Fed Hawks and Doves: What US Central Bankers Are Saying
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
XLF: Hold While Fed Makes Decisions
Net interest margins are expected to decline with rate cuts, but loan demand should rise, making XLF a hold for now. XLF is ...
NY Fed’s Williams Sees Hybrid Work Model Persisting
More workers will probably continue to be allowed to work partially in the office and partially at home than before the ...
Fed’s Beige Book Points to Slight to Moderate Growth at Year-End
Economic activity increased “slightly to moderately” across the US in late November and December, supported by strong holiday ...