The core consumer price index, which excludes the often-volatile food and energy categories, increased 2.6% in November, according to Bureau of Labor Statistics data out Thursday
The Fed Chair warned of rising labour-market risks even as tariff-driven inflation persists, defining the need to balance price stability with protecting jobs and real wages.
While the quarter-point reduction in the policy interest rate is widely anticipated, some analysts anticipate a “hawkish cut”, where the US Fed lowers rates today but hints that the pace of easing may slow from here.
A new set of economic projections will likely show continued division among policymakers
The Fed delivered a second straight reduction in October driven by the summer’s sudden deterioration in the US labor market
Donald Trump nears decision on Jerome Powell’s successor as White House narrows shortlist to five candidates, amid rate-cut pressures, market sensitivity and concerns over political influence on US monetary policy.
Donald Trump said he has “some very good people” under consideration to succeed Powell and hinted that “some surprising names” are in the mix, although he may ultimately “go the standard way.”
Domestic conditions support another rate cut by the RBI. For markets to wear a bigger smile, however, much depends on this one source of funds delivering the goods
Outperformance of Indian equities on the cards, but USD/INR may remain rangebound
Trump himself told reporters that he expected to make a decision on the nominee before the end of the year
Shares in Japan, South Korea and Australia all rose at the open after Fed Chair Powell’s concerns about a weakening labor market reinforced investors’ expectations for a rate cut in October
A report Friday showed the personal consumption expenditures price index excluding food and energy rose 0.2% in August, compared with 0.3% in July
Powell offered no hints on whether he might support a rate cut at the Fed’s next meeting, in October
Shares in Japan and South Korea rose while Australia lagged.
The labour demand has softened, with unemployment risk rising and job gains slowing, US Fed Chair Jerome Powell said after a widely anticipated 25 basis points rate cut.
US Fed Chair Jerome Powell said there was no widespread support of a larger than 25 basis points rate cut at the FOMC September 2025 meeting.
The US Fed's 25 bps rate cut marked the first cut of President Donald Trump’s second term and came amid signs of labour market weakness and persistent inflation pressures.
The US Federal Reserve on Wednesday lowered its benchmark interest rate by 25 basis points to a range of 4.00-4.25 percent, its first cut since December 2024.
As the FOMC meets on September 16-17, 2025, the BIS’s stark warnings about fiscal risks and market exuberance cast a shadow over expectations for dovish rate cuts
The policy pivot will take place amid unrelenting pressure from President Donald Trump, who has pushed for a “big cut” this week
Trump has been putting pressure for months on Fed Chair Jerome Powell to cut rates and repeatedly encouraged him to resign
A cut this week, however, won’t necessarily set the Fed on a smooth glide path to lower rates
The standoff over Fed policy, pitting Trump’s strident calls for lower borrowing costs against Chair Jerome Powell’s concerns about tariff-driven inflation, hangs over the meeting
Bessent has intentionally taken a more hands-off approach, compiling a list of nearly a dozen candidates, but is not expected to push any one candidate