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Top Fed official backs new rate cuts
Fed's Waller: More cuts likely though timing depends on inflation progress
Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an uncertain pace, Federal Reserve Governor Christopher Waller said on Wednesday.
Fed's Waller sees further rate cuts if inflation subsides
Federal Reserve Governor Christopher Waller expects that inflation will continue to make progress toward the central bank's 2% goal over the medium term and that further rate cuts will be appropriate,
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
Wall Street, inflation
Stock market today: Wall Street lower early as markets remain anxious about lingering inflation
Wall Street pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer interest rate cuts by the Federal Reserve. Futures for the S&P 500 and the Dow Jones Industrial Average were both down about 0.
Wall Street Opens Lower Amid Ongoing Inflation Concerns
The S&P 500 and the Dow Jones Industrial Average were down Wednesday morning while the Nasdaq composite was slightly up.
Wall Street ends lower as inflation fears mount
U.S. stocks tumbled on Tuesday after a batch of upbeat economic data raised concerns that an inflation rebound could slow down the Federal Reserve's pace of monetary policy easing.
Inflation runs hot in euro zone
Euro zone inflation jumps on higher energy costs
Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank. Inflation in the 20 nations sharing the euro picked up to 2.
Euro-Zone Inflation Rebounds But Won’t Derail ECB Rate Cuts
Euro-area inflation accelerated last month, supporting the European Central Bank’s gradual approach to reducing interest rates, without derailing them altogether.
Eurozone Inflation Picks Up In December
Eurozone inflation rose in December as energy prices slightly ticked up, official data showed Tuesday, rebounding for a third straight month but unlikely to stop another interest-rate cut by the European Central Bank.
1h
Yellen Says COVID Spending May Have Contributed 'Little Bit' to Inflation
WASHINGTON (Reuters) - The Biden administration's spending on stimulus to keep the economy going during the COVID pandemic ...
3h
on MSN
Chile Prices Drop in Temporary Blip as Inflation Risks Loom
Chile’s consumer prices fell last month for the first time since June, giving the central bank only limited relief as it ...
8h
Ghana inflation rises for fourth straight month in December
Ghana's consumer inflation rose for a fourth month in a row in December, to 23.8% year on year from 23.0% in November, the ...
16m
ASX to fall, Wall Street struggles amid renewed inflation worries
Australian shares are set to open lower. The S&P 500 slipped before national day of mourning. US December payrolls awaited.
6h
UK Inflation-Linked Yields Hit Highest Since Truss’s 2022 Rout
The yield on the UK’s 30-year inflation-linked bonds rose to 2% for the first time since the market meltdown in late 2022.
1h
Janet Yellen: Covid stimulus may have contributed ‘a little bit' to inflation
Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more on CNBC’s “Money Movers” in an interview ...
4h
on MSN
Branch: Most of us declared a premature end to inflation, but the data shows a resurgence.
Gregory Branch, Founder and Managing Partner of Branch Global Capital Advisors, joins the conversation to discuss the Federal ...
5h
Best EM Carry Trade Boosted by Turkey’s Inflation-Proofed Lira
The Turkish central bank’s strategy for managing the lira is laying the ground for traders to enjoy even more of the world’s ...
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