Geopolitical instability and a packed election calendar have strategists wary of 2024
Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew…
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could…
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to…
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation…
Here’s the inflation breakdown for October 2023 — in one chart
Inflation declined in October, continuing a broad slowdown as gasoline prices retreated during the month. However, price pressures remain under…
Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…
Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation…
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…
