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Fed’s Jerome Powell hints at more rate cuts
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.
Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks
Investors have been divided over whether the US central bank will slip into a series of quarter-percentage-point cuts now or perhaps be prompted to make another large cut.
Latest inflation data could boost case for more big Fed rate cuts
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage point last week and prompted traders to bet the U.
German Regions See Inflation Ease
German inflation drops to 1.8% in September, below expectations
The harmonized German consumer price index eased to 1.8% in September, more than expected, preliminary data from the country's statistics office showed Monday.
German inflation eases to 1.8% in September
German inflation eased slightly more than forecast to 1.8% in September, preliminary data from the federal statistics office showed on Monday. Analysts polled by Reuters had forecast a reading of 1.9% in September,
German Regions See Inflation Ease as Prices Cool Across Europe
Inflation sank across six German states in September — suggesting a slowdown in national data due later in the day that will further fuel calls the European Central Bank to cut interest rates in October.
10h
on MSN
Stuart Varney: Biden's refusal to block looming ports strike could ignite inflation
FOX Business' Stuart Varney discussed the potential strike at ports along the East and Gulf Coasts that could do serious ...
7h
The stock market is headed for a 10% correction as the job market slows and inflation stays sticky, Stifel stock chief says
Interest rates are unlikely to tread below 3% without an economic slowdown, Stifel's chief stock strategist said.
18h
Polish Inflation Jumps, Pushing Likely Rate Cuts Into 2025
Poland’s inflation accelerated for a sixth month running in September, hitting a fresh 2024 high and cementing expectations ...
3d
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts. Inflation cooled in ...
11h
Inflation Reduction Act rebates yield savings for 54 Medicare Part B drugs
The Department of Health and Human Services (HHS) announced some Medicare enrollees will pay less for 54 drugs covered by Medicare Part B through the end of 2024 thanks to the rebate program ...
17h
Portugal's 12-month inflation accelerates to 2.1% in September
Portuguese consumer prices rose 2.1% year-on-year in September, accelerating after a 1.9% increase in the previous month, ...
6h
on MSN
Chamber of Commerce calls on Biden to stop dockworkers strike, citing inflation fears
Big business is upping the pressure on President Joe Biden to intervene in a dockworkers strike set to begin Tuesday that ...
3h
Lagarde’s Growing Optimism on Inflation Hints at October ECB Cut
Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under ...
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