Fed’s Kashkari Says Only Inflation Could Derail December Cut
21 hours ago · 1:51. Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central ...
US Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
1 day ago · While consumers expect inflation to taper, inflation expectations among US business leaders increased in the fourth quarter of 2024, according to the Cleveland Fed’s Center for Inflation ...
Inflation is getting back to normal. But price problems persist - CNN
Oct 10, 2024 · “The good news is that shelter costs slowed down to 0.2%, month-on-month, and 4.9%, year-over-year. However, it also showed that there are still plenty of upside risks for inflation going ...
All the data so far is showing inflation isn't going away ... - NBC News
Apr 26, 2024 · In the aggregate, Commerce Department indexes that the Fed relies on for inflation signals showed prices continuing to climb at a rate still considerably ahead of the central bank’s 2% annual ...
CPI Report: US inflation reaches lowest point since February 2021 | AP News
Oct 10, 2024 · Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
US inflation reaches 3-year low as Fed prepares ... - Associated Press News
Sep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.
Stubbornly high US inflation grew stronger than expected in March - CNN
Apr 10, 2024 · CNN — Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the...
Annual US inflation falls to 3-year low ... - Associated Press News
Aug 14, 2024 · WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
Inflation Remains Subdued, as Fed Preps Rate Cut
Sep 11, 2024 · Inflation Remains Subdued, as Fed Preps Rate Cut. U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs of key categories...
Inflation Falls Below 3% for First Time Since 2021
Aug 14, 2024 · President Biden celebrated inflation falling below 3 percent in a news release. He also intensified a Democratic attack on corporations for keeping prices elevated.