Fed's Waller says rate cuts possible in H1 2025 if inflation behaves
With "inflation back to trend," Federal Reserve Governor Christopher Waller said Thursday he sees the possibility of three or four interest-rate reductions in the first half of 2025, provided the "data cooperates.
Why are interest rates rising when the Fed has been cutting them?
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
BofA says Fed's rate cuts are over with inflation stuck above 2%
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing around full employment and inflation is modestly stuck above the central bank's 2% target.
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
Key Takeaways A slowdown in core inflation prompted Federal Reserve officials to express confidence that inflation is on its way to a 2% annual rate.Three Fed officials said in separate speeches Tuesday that they were confident inflation is coming down,
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing.
The Fed Could Give the Stock Market Exactly What It Wants
The Federal Reserve may just give investors what they want this year after all. The December inflation report, released ...
Fed's Waller: Cuts could come sooner than later if disinflation meets expectations
Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, ...
Sen. John Cornyn on Scott Bessent's confirmation hearing, Fed independence and fate of TikTok
Senate Finance Committee member Sen. John Cornyn (R-Texas) joins 'Squawk Box' to discuss the confirmation hearing of ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Philly Fed's factory gauge surges by most since June 2020
A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...
Fed Hawks and Doves: What US Central Bankers Are Saying
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
Stock Market Today: Stocks extend gains on Fed rate cut rally; Nvidia leads
Stocks are set to extend their biggest gain since the November election with jobs and retails sales data in focus.
New York Fed says as of January reserve levels still abundant
The Federal Reserve Bank of New York released data Thursday that suggest it faces no imminent pressure to stop the process of ...