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Federal Reserve is likely to scale back plans for rate cuts because of still-elevated inflation

Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level above their 2% target, they’re downgrading their outlook for

United statesMatthew luzzettiJoe bidenJerome powellChristopher wallerFederal reserveDeutsche bankPresident joeChair jerome powellNathan sheets

Fed scales back plan to lower interest rates, citing inflation

The persistently high inflation numbers are giving economists at the Federal Reserve pause as they try to determine if they can lower interest rates.

United statesMatthew luzzettiJoe bidenChristopher wallerJerome powellDeutsche bankFederal reserveFed reservePresident joeChair jerome powellNathan sheets

Inflation data this week could help determine Fed s timetable for rate cuts

WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to

United statesNew yorkDonald kohnJoe bidenJerome powellJohn williamsEuropean central bankBrookings institutionAfter federal reservePresident joe bidenWall streetNathan sheets

Inflation data this week could help determine Fed s timetable for rate cuts

The officials themselves may not know for sure until they begin their meeting.

New yorkUnited statesJoe bidenJohn williamsDonald kohnJerome powellEuropean central bankBrookings institutionFederal reservePresident joe bidenWall streetNathan sheets

Fed to study new inflation data this week for rate cut timeline

As the Fed considers when to begin lowering interest rates in the U.S., new data on inflation could provide a clue as to how quickly they will move.

United statesNew yorkJoe bidenJohn williamsJerome powellDonald kohnBrookings institutionEuropean central bankAfter federal reservePresident joe bidenWall streetNathan sheets

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