Fed may cut rates sooner and faster than expected if disinflation trend holds up, Waller says
By Howard Schneider, Ann Saphir WASHINGTON (Reuters) -Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said on Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path.
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.
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.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten (Live Coverage)
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as Wall Street weighed the CPI's implications for Federal Reserve policy as well as positive earnings reports from Dow Jones giants JPMorgan Chase and Goldman Sachs.
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 ...
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 ...
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, ...
When will we get Northeast Ohio leaders who can end this? New Fed report shows we lag the nation -- yet again: Today in Ohio
CLEVELAND, Ohio - The Cleveland metropolitan area is among the worst for job growth since the pandemic in the United States.
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print ...
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 ...
US businesses optimistic but flag concerns, Fed survey shows
The survey's findings, which draw on observations from the business contacts of each of the Fed's 12 regional banks, provide ...
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...