The Fed’s Preferred Inflation Measure Eased in October The Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good news for the Federal Reserve.
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
The Fed’s Decisions Now Could Alter the 2024 Elections The state of the economy will affect voting next November, and the Federal Reserve may find itself in a delicate position, our columnist says.
An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.