CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading of the consumer-price index matched market expectations but showed plenty of price stickiness,
US CPI ticks back up, but will not stop another Fed cut in December
The main driver of CPI continues to be shelter, which comprises more than a third of the overall inflation basket. Shelter inflation ticked back up to 4.9 per cent in October from 4.8 per cent in September. The Fed is not worried about elevated shelter inflation going forward, nor should it be.
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Headline CPI likely remained at 0.2% in October, corresponding to 2.6% year over year (vs. 2.4% prior). Core inflation, which ...
While the current pace of rising prices appears to have leveled off, the expected path of rate cuts has become less certain.
particularly because some of the strength in prices came from housing inflation, which Fed officials, pointing to a ...
Sahm is the namesake for the Sahm Rule, one of the Fed's key recession indicators. Sheets adds that this marks "another ...
As expected by economic forecasters, inflation heated up in October. The consumer price index sped up as expected to a 2.6% ...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
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