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Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with inflation data indicating a continued decline from a peak of 9. ...
Signs of cooling inflation paved the way for September’s first rate cut in four years, with economic data indicating a continued decline from a peak of 9.1% in June 2022 to rates that have ...
Signs of cooling inflation paved the way for September’s first rate cut in four years, with economic data indicating a continued decline from a peak of 9.1% in June 2022 to rates that have ...
CD rates are correlated with the expected inflation at the time the CD is bought. The actual inflation may be lower or higher. Locking in the interest rate for a long term may be bad (if inflation goes up) or good (if inflation goes down). For example, in the 1970s, inflation increased higher than it had been, and this was not fully reflected ...
Signs of cooling inflation paved the way for September’s first rate cut in four years, with economic data indicating a continued decline from a peak of 9.1% in June 2022 to rates that have ...
All eyes are on Consumer Price Index data due for release today, which, if it indicates a setback in the inflation rate, could influence the Fed's decision to hold on any future rate cuts.
The latest Consumer Price Index data released yesterday shows inflation at a high 3.5% and is likely to delay cuts to the nation's benchmark interest rate.
Complicating future cuts to the Fed rate is March's Consumer Price Index data released on April 10 that showed a rise in consumer prices — a widely used indicator for inflation — to 3.5% in ...