CBS News22d
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...
New York Post22d
US inflation ticks up again — but Dow surges as key Fed gauge dips
“The December CPI report continues the story we have been on, which is that inflation is coming down towards target,” Richmond Fed President Thomas Barkin said. Meanwhile, New York Fed ...
Investopedia22d
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
president of the Chicago Fed and John Williams of the New York Fed, as well as non-voter Thomas Barkin of the Richmond Fed, said various economic data suggested inflation is cooling down ...
Yahoo Finance22d
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
The Fed lowered its benchmark interest rate at three consecutive meetings beginning in September, including by a quarter point at its most recent gathering in December. Barkin is among Fed ...
Bloomberg L.P.22d
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh data show continued progress on lowering inflation toward the central bank’s 2% goal, but that interest rates should remain ...
Forbes22d
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...
FXStreet22d
Fed’s Barkin: Inflation is coming down
Richmond Federal Reserve President Thomas Barkin remarked on Wednesday that ... not seen anything in long rates that would influence Fed policy at this point Regarding incoming Trump ...
Investing22d
Fed officials say latest inflation data helpful as they await Trump policies
The December CPI report "continues the story we have been on, which is that inflation is coming down towards target," Richmond Fed President Thomas Barkin told reporters at a Maryland Chamber of ...
Wall Street Journal23d
What if the Fed U-Turns and Raises Rates This Year?
While the chance of a hike this year is still put at zero by pricing of fed-funds futures, according to CME Group’s FedWatch, it is a topic of heavy discussion.
The New York Times23d
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
Financial Post23d
Fed's Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
The Fed lowered its benchmark interest rate at three consecutive meetings beginning in September, including by a quarter point at its most recent gathering in December. Barkin is among Fed officials, ...