Consumer News Inflation Rose In July But Rates Are Still Below The Fed S Desired Levels

Inflation, government shutdown reduces confidence for another Fed rate cut

The Federal Reserve is contending with two main obstacles — a dual mandate of keeping prices in check and sustaining job growth and a lack of economic data caused by the government shutdown. Those ... Read More

Inflation just rose again. Here's how that could impact mortgage interest rates.

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ... Read More

Inflation climbs again. What it means for Fed rate cuts, Social Security, and your wallet

Inflation rose again in September, revealing the persistence of rising prices as the job market shows signs of cooling and consumers head into the holiday season. Consumer prices increased 3% from a ... Read More

Inflation remained well above the Fed's target in September ahead of rate cut decision

Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate move. The Bureau ... Read More

Fed seen headed for more rate cuts as inflation undershoots expectations

Oct 24 (Reuters) - The Federal Reserve will likely deliver quarter-point interest rate cuts at each of its next three meetings, traders bet on Friday after a U.S. government report showed consumer ... Read More

Inflation Rose 3% in September. What That Means for the Fed.

Consumer inflation picked up less than expected in September, which should help Federal Reserve officials justify interest-rate cuts to help the weakening job market. The consumer price index climbed ... Read More