This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.
Current trends in 15-year refinance rates Record high inflation pushed mortgage rates up across the board over the past few years. Inflation has come down a lot since it peaked in 2022 ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures ...