New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, likely reinforcing a wait-and-see approach from the central bank.
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Yes, some CDs are still offering 5% – and one pro tells us you might want to lock in rates, as yields are ‘unlikely to show any material improvement by waiting’
Indeed, Greg McBride, chief financial analyst at Bankrate, tells us that with this move, and future risk that the Fed resumes cutting rates if inflation pressures ease, there’s no benefit to waiting ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
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What the Fed’s preferred inflation gauge indicates about December prices
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
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How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
When Are the Next Fed Meetings? See the Calendar
The Federal Reserve hit the pause button on interest-rate cuts Wednesday, entering a wait-and-see phase as it tries to determine whether it should cut further, and by how much. With that i ...
LTC, HYPE, and Aethir jump up to 25% as Fed rate pause fuels crypto rally
Jerome Powell confirmed the Fed’s decision to keep rates unchanged. The move maintains the Federal benchmark funds rate ...
Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...