Today news
About the same in other media
Fed Likely to Want Further Evidence of Inflation Slowdown
Reading now: 307
A slowdown in inflation last month, following recent indications of a robust labor market, complicates the Federal Reserve’s decision on how much to raise interest rates next month.
Data on inflation and economic activity are likely to guide whether central bank officials lift their benchmark federal-funds rate by half a percentage point or three-quarters of a point at their Sept. 20-21 policy meeting. They have said they want to see evidence that price pressures and economic growth are cooling before they moderate their pace of rate increases.
Read more on wsj.comAbout this in other media
Powell warns of 'some pain' ahead as the Fed fights to bring down inflation cnbc.com /1 year ago
Inflation Eased in July, According to the Fed’s Preferred Measure wsj.com /1 year ago
Fed’s Kashkari Says No Time To Back Off On Inflation Struggle wsj.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
