Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further from its inflation goal and reducing the chance of another reduction in borrowing costs soon.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Trump renews feud with Federal Reserve over interest rates, inflation
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring down inflation. Trump said he would take bringing inflation down into his
Fed rate cuts unlikely as inflation lingers above target, says deVere
The Federal Reserve is not expected to lower interest rates in the near future due to inflation persistently exceeding the central bank's 2% target, states deVere Group, a prominent independent financial advisory and asset management organization.
U.S. Fed Keeps Rates On Hold As Inflation Stays Sticky
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's Scott Colbourne discusses the decision and market implications.
The Fed holds, but markets brace for Trump’s push for lower rates
The Federal Open Market Committee has maintained its policy rate in the target range of 4.25%-4.5%, a move predicted last year by Nigel Green, CEO of global financial giant deVere Group, among other experts.
Forbes11d
Current Inflation Report: January 2025
Part of the Fed’s role is managing pricing stability and employment with interest rate adjustments. According to the FOMC, an annual target increase in inflation of 2% is consistent over the ...
Bill McEwen5h
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
German Inflation Unexpectedly Falls, Reassuring ECB After Rate Cut
Germany’s inflation rate declined unexpectedly this month, though remains above the target of the European Central Bank, ...
Indonesia's Jan inflation at 0.76% y/y, lowest since 2000
Indonesia's annual inflation rate was 0.76% in January, official data showed on Monday, dropping sharply from a rate of 1.57% ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Eurozone Inflation to Settle at 2% Target by Summer, Villeroy Says
The eurozone’s annual rate of inflation is on track to settle at 2% by this summer, with the ECB’s key rate moving toward a ...