Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
Category: Prices (Fares, Fees and Rates)
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A High-Stakes C.P.I. Readout on Inflation Is Due
The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
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Sharp Drop in Airfares Cheers Inflation-Weary Travelers
Airlines are starting to offer bargain prices, including to popular overseas destinations like Paris, a sign that they are fighting to fill planes.
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Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
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Fed Holds Interest Rates Steady and Pledges to Proceed Carefully
The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
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Eurozone Economy Shrinks, While Price Pressures Ease
Economic growth contracted 0.1 percent last quarter, and inflation in October fell to a two-year low, a sign that high interest rates were taking a toll.
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What to Watch for as the Federal Reserve Meets This Week
Central bankers are expected to leave interest rates steady at a 22-year high of 5.25 to 5.5 percent. Investors are looking for hints at what’s next.
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Middle East War Could Cause Oil Price Shock, World Bank Warns
A new report outlined how a major escalation of the conflict between Israel and Hamas could fuel a new bout of inflation.
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Consumers Kept Spending in September, as Inflation Held Steady
Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
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Inflation Held Steady in September, While Consumers Spent Robustly
Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.