Inflation Is Stuck. What That Could Mean for a December Fed Rate …

Inflation Is Stuck. What That Could Mean For A December Fed Rate …

3 weeks from now

November would be the fifth month in a row that inflation has registered at that pace. That is expected to push the annual rate to 2.7% for November, up from the 2.6% rate logged in October.

barrons.com

A Top Fed Official Leans Toward December Rate Cut But Says It …

3 weeks from now

Dec 2, 2024  · But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which would support an argument for keeping the Fed’s rate unchanged this month. …

apnews.com

A Top Fed Official Leans Toward December Rate Cut But Says It …

3 weeks from now

Dec 2, 2024  · The official also noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which would support an argument for keeping the Fed’s rate unchanged …

adn.com

Federal Reserve Interest Rate Cut: December 2024 - NBC News

3 weeks from now

Dec 18, 2024  · The move, the Fed's third rate cut of the year, reduces the central bank’s target rate to between 4.25% and 4.5%. In its statement announcing the cut, the Fed now projects …

nbcnews.com

Inflation Accelerated In December, Dimming Hopes For Imminent …

3 weeks from now

Jan 11, 2024  · The Fed held its benchmark interest rate steady in December and said it would pivot to rate cuts at some point, given how far inflation has fallen from its peak of 9.1% in June …

investopedia.com

A Top Fed Official Leans Toward December Rate Cut But Says It …

3 weeks from now

Dec 2, 2024  · But he noted that there's a risk that inflation “may be getting stuck above” the Fed's 2% target, which would support an argument for keeping the Fed's rate unchanged this month. …

marketbeat.com

'Cuts Are Coming': 7 Economists On December Inflation Data

3 weeks from now

Jan 26, 2024  · The Fed's preferred measure of inflation (Core PCE) moved down to 2.9% in December, the lowest since March 2021. The Fed Funds Rate is now 2.3% above Core PCE, …

nasdaq.com

Inflation Picked Up In December, CPI Report Shows. What Will It …

3 weeks from now

In December, Fed Chair Jerome Powell said the central bank was likely done raising its key interest rate after pushing it to a 22-year high of 5.25% to 5.5% to tame inflation. Fed officials …

msn.com

Federal Reserve Will Likely Slow Its Rate Cuts In 2025 As Inflation ...

3 weeks from now

Dec 16, 2024  · Some economists question whether the Fed even needs to cut this week. Inflation, excluding volatile food and energy costs, has been stuck at an annual rate of about 2.8% …

fortune.com

Fed Cuts Key Interest Rate By A Quarter-point: What Does It Mean …

3 weeks from now

Dec 18, 2024  · On the flip side, returns on high-yield accounts have dropped in tandem with the Fed's rate cut. 2025 rate cuts The central bank targets inflation at 2%, and inflation has …

fox5atlanta.com

The December Rate Cut Could Be The Last (for A While) | Facet

3 weeks from now

Dec 18, 2024  · The chart below shows the 12-month Core PCE inflation rate, which is the rate the Fed uses for their official inflation target. The most recent release estimated inflation at 2.8% …

facet.com

Mortgage Predictions For Week Of Jan. 5-11, 2025 - CNET

3 weeks from now

1 day ago  · If inflation continues to cool and the Fed is able to carry out its projected two 0.25% cuts, mortgage rates could inch down closer to 6.25% later in the year. Today's rates seem …

cnet.com