Federal Reserve
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When will the U.S. cut interest rates? Powell says more time neededAfter some persistently high inflation reports at the start of 2024, Jerome Powell said, the data for April and May “do suggest we are getting back on a disinflationary path."U.S. NewsJul 2
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U.S. Federal Reserve holds rates. Here’s what officials said about future cutsU.S. policymakers said they expect to cut their key interest rate just once by year's end, rather than the three times they had envisioned in March.EconomyJun 12
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U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflationThe Fed emphasized inflation has remained high in recent months and said it doesn’t plan to cut rates until it has “greater confidence” price increases are slowing sustainably.EconomyMay 1
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U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cutsU.S. consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday.U.S. NewsApr 10
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U.S. Federal Reserve says 3 interest rate cuts still expected despite high inflationChair Jerome Powell said the surprising pickup in inflation in January and February hadn't fundamentally changed the Fed's picture of the economy.MoneyMar 20
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U.S. inflation rose again in February. Here’s what lifted pricesInflation in the U.S. picked up last month, a sign prices remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign.U.S. NewsMar 12
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U.S. rate cuts likely, but Fed’s Powell points to economic data as decision makerU.S. Federal Reserve Chair Jerome Powell said while interest rate cuts were likely later in 2024, upcoming decisions on when and how fast would be based solely on economic data.EconomyMar 6
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U.S. Fed official says inflation fight seems nearly won, hints at rate cutsThe remarks follow recent comments from other senior Fed officials that suggest that the central bank remains on track to begin cutting its benchmark short-term interest rate.U.S. NewsJan 16
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U.S. inflation ticks higher in December. What that means for the FedHigher energy and housing prices boosted overall U.S. inflation in December, a sign that the Fed's drive to slow inflation to two per cent will likely remain a bumpy one.EconomyJan 11
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U.S. inflation eased in October as Fed hikes take bite out of price spikesInflation in the U.S. slowed last month in a sign that the Federal Reserve's interest rate hikes are continuing to cool the consumer price spikes.U.S. NewsNov 14, 2023
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