Fed seen on track to resume rate cuts
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Pressure on the Fed to trim interest rates is growing. In other words, the perception that the inflation problem is solved is raising the specter of more inflation.
This week's milder-than-expected data on producer\- and consumer-price indexes for May will enable the Federal Reserve to wait for more information on how ne
Consumers expect lower inflation over the next year than they did a month ago, the New York Federal Reserve found in its latest survey. Over the next 12 months, consumers expect prices to rise 3.2%, down by 0.
Americans' anxiety about the future path of inflation eased in May, as they also grew more upbeat about the state of their personal finances, according to a report released on Monday by the New York Federal Reserve.
Vice President Vance ripped the Federal Reserve and cited President Trump’s criticism of the central bank after prices rose at a slower than expected rate in May. In a Wednesday social media
Wednesday’s inflation report won’t change much for the Federal Reserve because it will take several months of price data to convince officials that tariff-related risks to inflation won’t send up prices in a concerning fashion.
BENGALURU (Reuters) -The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists polled by Reuters, as risks linger that inflation may resurge due to President Donald Trump's tariff policies.