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The Fed official who correctly predicted inflation could fall without a recession

Christopher Waller, first nominated to his post by President Donald Trump in 2019, has become one of the most closely watched ...

Fed interest rate cuts expected despite mixed news on inflation

The CPI showed inflation holding steady at 2.7%. However, the PPI showed inflation for the year ending in July jumping a ...

Inflation shocker blows apart expectations for huge Fed rate cuts

Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...

Hints Of Rising Inflation Complicate Fed's Next Policy Meeting

Ahead of the Federal Reserve’s annual conference in Jackson, Wyoming, which starts on Thursday (Aug. 21), the topic of ...

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

What to Expect from Fed Chair Powell's Speech on Friday: 3 Key Scenarios

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut ...

To cut or not to cut? This week's inflation data complicates the picture for the Fed

This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.

Americans could soon face higher inflation as businesses pass along tariff costs, Fed official says

Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News ...

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

South African rand range-bound as markets await local inflation data, Fed signals

South Africa's rand was on the back foot for much of Tuesday's trading session as markets awaited the U.S. Federal Reserve's ...

South African rand weaker as markets eye Fed symposium, local inflation print

South Africa's rand was weaker in early trade on Tuesday, as investors looked to the Fed's Jackson Hole symposium for hints ...