Fed seen on track to cut rates next week and in December
Inflation by the Fed's targeted measure, the year-over-year increase in the personal consumption expenditures price index, ...
CBS News on MSN10d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Last month, the Federal Reserve made its first rate cut in four years amid signs that inflation was ... That may also ...
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s ...
The Associated Press - Business News on MSN10d
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...
Fed On Track for Rate Cut After Weak Jobs Data, Hiring Markdowns
A weak October employment report keeps Federal Reserve officials on track to cut interest rates by a quarter point when they ...
CNN17d
Here’s why mortgage rates are rising after the Fed’s rate cut
That’s the highest level since early August, but still below this year’s high of 7.22% seen in early May. Expectations of a Fed rate cut caused mortgage rates to drop to a two-year low of ...
Marketplace26d
Why have mortgage interest rates been rising since the Fed cut rates in September?
And while that number picked up in August, the consensus of economists ... Which means that ever since one week after the Fed cut rates by 50 basis points, mortgage rates have been rising.
Reuters1mon
Traders keep bets on 25 basis point Fed rate cuts in November, December
Oct 11 (Reuters) - The case for quarter-point U.S. interest rate cuts at upcoming ... month compared with August, suggesting inflation continues on track toward the Fed's target.