CPI for September: Inflation higher than expected. Fed rate cuts still seen as likely.
Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed will cut rates again next month. Social Security’s cost-of-living adjustment will be 2.5% in 2025, down from the 3.2% seen in 2024, the Social Security Administration said on Thursday.
Famed economist Ed Yardeni said earlier this year the Federal Reserve would be "one and done" when it comes to rate ...
Shelter inflation has been a stumbling block for the Federal Reserve in its fight against inflation. September's Consumer ...
Chicago Fed president Austan Goolsbee says one month of strong jobs and inflation data won't keep the Fed from cutting rates ...
Federal Reserve Bank of Chicago President Austan Goolsbee said he doesn’t see convincing evidence that the economy is ...
U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in ...
In recent years we have repeatedly seen how the Federal Reserve's much-touted two-percent price-inflation goal is little more ...
Price increases are hovering right near the Fed's target rate of 2%. Inflation has loomed over the U.S. economy like a ...
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of ...
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