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However, following the strong payroll report, market commentators say they're still concerned that inflation may not be completely in the rear-view — and next week's consumer price index report ...
The latest inflation report is likely to cement a 0.25% cut in the Federal Reserve's key interest rate, currently at about 5.3%, later this month. ... In a note last week, Torsten Slok, partner ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts.
After three hot inflation reports helped push back the timing of the Federal Reserve’s long-anticipated interest rate cuts in the first quarter, investors were hoping to see signs of cooling ...
Weekly calendar Monday. Economic data: Dallas Fed Manufacturing Activity (-16 expected, -19.2 previously); New home sales, October (723,000 annualized rate expected, 759,000 previously); New home ...
"The May report includes good news for both bulls and bears, with headline inflation slowing down to 4.0% on a year earlier basis in May while core prices remained strong, at 5.3% during the same ...
While President Joe Biden has undertaken several efforts to fight inflation — namely with the Inflation Reduction Act (IRA) of 2022 — some experts argued that other factors came into play in ...
A week ago, investors had placed a nearly 88% chance on a cut, per the CME FedWatch Tool. Read more: What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards