Sticky inflation in a key part of the U.S. economy is the biggest ...

Sticky inflation in a key part of the U.S. economy is the biggest barrier to Fed rate cuts Painful price increases persist in services Published: Dec. 20, 2023 at 9:52 a.m. ET ... Read More

Sticky inflation opens door to steeper Fed rate hike in March

Sticky inflation opens door to steeper Fed rate hike ... And it’s going to be driven by how the economy is ... telling reporters that he wants to bring the Fed's policy rate up to 5.375% as ... Read More

'Two biggest issues' US economy is facing with inflation - New York Post

The Fed’s target rate is 2%, although central bank policymakers tend to rely on a different inflation metric known as the personal consumption expenditures, or PCE. Read More

Sticky US Inflation and Tariffs Are Keeping the Fed Sidelined - MSN

What Bloomberg Economics Says: “Monthly core PCE inflation likely rose to 0.35% in February (vs. 0.28% prior), double the pace consistent with the Fed’s 2% target. Read More

Fed Rate Cut Seems Like a ‘Coin Flip,’ with Inflation ... - Morningstar

Even after a strong November jobs report and sticky inflation data, investors expect the Fed to cut interest rates this month. They see a 96.4% chance of a 0.25% cut next week, according to the ... Read More

The biggest part of the U.S. economy cools off early in the new ... - MSN

The numbers: The large service side of the U.S. economy, in which most people work, cooled off in January — as did inflation — but cold weather at the start of the year had something to do ... Read More

Sticky inflation might make it more tricky for Fed rate cuts, CPI could ...

That's a big reason why investors expect the Fed to put a "pause" on its rate cuts in the first month of 2025. They now see just three rate cuts next year, instead of four as forecast by top Fed ... Read More

Will Sticky Inflation Stop The Fed Rate Cuts? - Forbes

Though it will be released after the Fed's decision, the Fed’s preferred measure of inflation, the core PCE price index, should be at 2.9% year-over-year for November, which is well above the 2% ... Read More

The Fed’s Favorite Inflation Measure Sped Up in October

The Federal Reserve’s preferred inflation measure sped up in October, a development that is likely to keep central bankers wary as they contemplate the path ahead for interest rates. Read More

Here's where the economy stands as the Fed makes its interest rate ...

The U.S. economy produced $22.9 trillion of goods on an inflation-adjusted annualized basis in the second quarter, according to the BLS. That pushed up GDP by 2.8% from the first quarter . Read More

Key Fed inflation gauge at 2.2% in August, lower than expected - NBC News

The personal consumption expenditures price index, a gauge the Fed focuses on to measure the cost of goods and services in the U.S. economy, rose 0.1% for the month, putting the 12-month inflation ... Read More

The biggest part of the U.S. economy cools off early in the new year ...

Economic Report The biggest part of the U.S. economy cools off early in the new year. So does inflation. ISM services index slips to 52.8% from 54% ... Read More