Fed, Inflation and interest rates
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1don MSN
Analysis: How the White House is using misleading comparisons to make inflation sound better
The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%.
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.
A new AP-NORC poll finds this holiday season isn’t quite so merry for American shoppers as large shares of them are dipping into savings, scouring for bargains and feeling like the overall economy is
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
India’s inflation rate picked up in November from a record low in the previous month but stayed well below the central bank’s 4% target, leaving scope for further interest rate cuts in the new year.
Three members of the Federal Reserve's policy committee discussed interest rates on Friday, and fittingly, given the divisions on the committee, had three different views on where it should go.
The Canadian Press on MSN
Economists expect annual inflation ticked up to 2.3 per cent in November
Economists are expecting the annual inflation rate moved slightly higher in November. As of late-morning Friday, a Reuters poll of economists predicts headline inflation to come in at 2.3 per cent for the month,
British households’ inflation expectations edged down from their highest in two years, a slight easing that may soothe concerns at the Bank of England as officials decide whether to cut interest rates further.