Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI had showed a modest retreat in the year-over-year core rate.
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The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.
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Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...
The Federal Reserve and the European Central Bank will announce their interest rate decisions today and tomorrow respectively ...
Year-on-year Australian CPI rose at a slower pace of 2.4% in the last quarter of 2024. The Fed is certain to announce a pause in the current policy-easing spell. The AUD/USD pair falls sharply to ...
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