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Fed may slow pace of drops
After likely quarter-point rate cut, Fed may slow pace of drops if inflation stays
After slashing its key interest rate by a hefty half percentage point in September, the Federal Reserve is expected to lower rates by a more measured quarter point Thursday and several times next year as inflation continues to ease.
Another Fed rate cut is ahead but also likely is ongoing uncertainty after the election
Currently, Goldman Sachs economics research is penciling in another four consecutive interest rate cuts in the first half of 2025 but also acknowledged in its Monday update that more uncertainty exists regarding the
Fed
's path next year.
Inflation
has ...
Mortgage Rates Won't Drop Despite Another Fed Rate Cut. Here's Why
With today's presidential election outcome unclear, mortgage rate relief isn't coming soon. Economic and political uncertainty won't likely ease much before tomorrow's Federal Res
Marketplace
22h
Here’s why you can’t blame presidents for inflation
“That might make the economy grow really fast now, but six months down the line, after the election is over, that might ...
5d
The Fed’s Preferred Inflation Gauge Cooled Overall in September
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
CBS News on MSN
5d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Given the surge in post-pandemic
inflation
, the fact that headline
inflation
now sits just a tenth of a percentage point ...
Hosted on MSN
4d
The Fed’s favorite inflation index just cooled again
Inflation
has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption ...
Seeking Alpha
15h
Fed Set For Cut With Jobs Cooling, Inflation Sticking, Bond Market Guessing
Core PCE
inflation
remains at 2.7%, above the
Fed
's 2% target, suggesting future
inflation
concerns and higher ...
9h
Inflation Has Gotten Better. So Why Are Voters Still Worried?
For about roughly 40% of Americans in the U.S. today, the recent spate of surging inflation was the first time they experienced rapid price growth as adults. The [national rate of inflation peaked at ...
The Associated Press on MSN
5d
Inflation gauge closely watched by the Fed falls to lowest level in over 3 years
That is barely above the
Fed
's 2%
inflation
target and in line with readings in 2018, well before prices began surging ...
Marketplace
6d
The Fed’s about to get its preferred measure of inflation. Here’s what it could mean.
The personal consumption expenditures index, or PCE, could come in at the central bank's much-vaunted target of 2% inflation.
5d
Fed's favored inflation gauge showed price growth continued to slow in September
An
inflation
gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price ...
CNET on MSN
1d
Why This Week's Fed Meeting Might Not Matter as Much as Next Year's
The Federal Open Market Committee is meeting Nov. 6 to 7 and again in December. After making a larger, half-percent cut in ...
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