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Fed officials see interest rate cuts ahead
Gold falls on dollar strength, inflation data sparks caution on Fed rate cuts
Gold prices slipped on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data showing stalled inflation progress, suggesting the Federal Reserve might tread cautiously on further interest rate cuts.
Fed Minutes Signal More Caution on Cuts if Inflation Progress Stalls
The meeting summary showed that all 19 officials approved this month’s quarter-point cut.
Fed officials see interest rate cuts ahead, but only ‘gradually,' meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday.
inflation, Fed
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday.
The Fed's Preferred Inflation Measure Remains Stubbornly High
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing an economic downturn. The data hasn't cooperated. Over the 12 months through October,
Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
1d
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...
9h
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
1d
on MSN
Fed Leaning Toward ‘Gradual’ Future Interest Rate Cuts
The Fed has lowered interest rates by a total of 75 basis points over its last two meetings, but further rate cuts may be ...
1d
on MSN
Fed's Goolsbee makes case for lower interest rates
Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and ...
11h
Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress
JPMorgan's global equity strategy team led by Dubravko Lakos-Bujas sees the S&P 500 ( ^GSPC) hitting 6,500 by the end of 2025 ...
7h
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has ...
1d
on MSN
Fed Policymakers Remained Confident About Decline in Inflation, FOMC Minutes Show
Several policymakers said they were less worried about an economic slowdown than they had been in September, when the Fed ...
1d
on MSN
Fed cites volatility, uncertainty as reasons to go slow on rate cuts
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials appeared divided at their meeting earlier this month over ...
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