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To hear Powell tell it, the story of inflation coming down is actually intact. Even as the Fed announced a third consecutive cut, equivalent to a whole percentage point, monetary policy is still ...
Meanwhile, the energy index decreased by 1.9% in September, after falling 0.8% in August as gas prices declined a sizable 4.1% last month. On a yearly basis, the energy index was down 6.8%.
Friday's data did contain one sign of still-persistent inflation: Year-over-year inflation edged up to 2.4% in November from 2.3% in October and above the Fed’s 2% inflation target. But year ...
Inflation is slowing, but prices are still higher than they were four years ago. ... Economists in Bankrate’s latest quarterly poll say there’s a risk that inflation could stay hot until 2026.
There are also worries that plans by President-elect Donald. ... It forecast only two rate reductions in 2025, in a nod to the economy's continued resilience and still-high inflation.
However, in 2022 there was a record intranual inflation of 14.1%, the highest in the last 30 years. There is a consensus among economists that Chilean inflation is mainly caused by endogenous factors, especially the aggressive expansionary policies during the COVID-19 pandemic and the massive withdrawals from pension funds.
"Inflation is still too high, and a few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal."
Still, with inflation still slightly above the central bank's 2% target , some analysts are cautioning investors not to forget about price pressures. ... "Markets will need to keep a closer eye on ...