Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
Category: Consumer Price Index
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Inflation slowed last month thanks to cheaper fuel and airfares.
The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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The Federal Reserve signals more to come even as it slows rate increases.
Central bankers made a smaller rate move, but predicted that they will weigh the economy down more aggressively than previously expected
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Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.
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Federal Reserve to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.
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Inflation Cooled Notably in November, Good News for the Fed
Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
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Stocks Soar as Investors Welcome Signs of Cooling Inflation
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
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Stocks soar as investors welcome signs of cooling inflation.
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
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Price Increases Cooled Notably in November as Inflation Begins to Ease
Consumer Price Index data reinforced that inflation is beginning to cool down just ahead of the Federal Reserve’s December rate decision.
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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
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The Week in Business: Labor Actions Sweep Britain
The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets.
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The Fed’s Preferred Inflation Gauge Slowed in October
A measure of inflation that the Fed watches most closely is showing signs of moderation, though price gains still remain too fast for comfort.