Hotter-than-expected inflation has upended bets on when the Fed will start lowering interest rates, and could complicate President Biden’s re-election bid.
Category: Federal Reserve System
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Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.
Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.
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Is the Boom-and-Bust Business Cycle Dead?
There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate.
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Inflation Was Quicker Than Expected in March, Unwelcome News for the Fed
The surprisingly stubborn reading raised doubts about when — and even whether — the Federal Reserve will be able to start cutting interest rates this year.
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Wall Street’s Big Rethink on Interest Rate Cuts
Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.
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Higher for Longer After All? Investors See Fed Rates Falling More Slowly.
Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into question.
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Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.
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A Key Inflation Gauge Hovers Above Fed’s Target
The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.
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The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.
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What Comes Next for the Housing Market?
The Federal Reserve still expects to cut rates this year, and a change in selling practices could shake up home shopping. Here’s the outlook.
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What to Watch Today From the Federal Reserve Meeting
The central bank is not expected to change interest rates, but its economic projections will be in focus.