Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate cut pace
Richmond Fed President Tom Barkin said Friday that he expects inflation will continue to drop into next year—stickier inflation data aside—and hinted at slowing down the pace of rate cuts. “I expect to see core inflation come down,
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
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