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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 says it believes inflation will continue to fall; possible rate cuts ahead
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are pleased with the current easing of interest rates, and more gradual cuts may follow.
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.
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.
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,
10h
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
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 ...
16h
Traders Are Betting the Fed Will Cut Rates Again in December
The Federal Reserve cut interest rates at its last two meetings–and the odds are shifting in favor of it making it a ...
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
Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut ...
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 ...
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 ...
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