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Fed Seen on Track for Sept Start to US Rate Cuts

Fed Seen on Track for Sept Start to US Rate Cuts
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United statesChizu nomiyamaBen ayersAnn saphirChristina fincherJerome powellOmair shariffInflation insightChair jerome powell

US Fed s favored inflation measure accelerates, dimming rate cut hopes

The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer. The data published Friday also show that personal income accelerated last month, rising by 0.5 percent in March from a month earlier, the Commerce Department said.

White houseDistrict of columbiaUnited statesJoe bidenBen ayersJerome powellLael brainardMarket committeeFederal reserveCommerce departmentDow jones newswiresWall streetChair jerome powellFederal open market committeeUs federal reserveCommerce department

KUNA : US inflation hits 2 8 pct on yearly basis, exceeds expectations - Economics

KUNA : US inflation hits 2 8 pct on yearly basis, exceeds expectations - Economics
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United statesBen ayersDepartment of commerceWall street

Inflation Data Reinforce Powell s Shift Toward High for Longer

(Bloomberg) Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome Powell last week that high interest rates are here to stay for now.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation Jumps, Damping Soft-Lan

Bloomberg businessweekKathy jonesJames knightleyBen ayersJerome powellDerek tangCharles schwabFederal reserveFederal reserve chair jerome powellNationwide senior economist benPreferred core inflation gauge roseBrisk paceMonetary policyUnderlying inflationFederal reserveDownside risk

Fed seen on track for Sept start to US rate cuts

Fed seen on track for Sept start to US rate cuts
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Ann saphirOmair shariffChristina fincherBen ayersJerome powellChizu nomiyamaInflation insightChair jerome powell