The Federal Reserve The US (Fed) predicted this Wednesday that inflation will remain stable without major changes in the future, which reinforces the forecast – materialized in recent weeks by the economic data of USA– that the reduction in interest rates will take longer than expected. The organization noted in its Beige Book that the […]
Tag: inflation in the United States
Powell: Fed will keep high inflation rates “for as long as necessary”
Recent inflation data indicates it will likely take longer for the Federal Reserve to achieve the confidence needed to lower interest rates, Fed Chairman Jerome Powell said. Lowering inflation will be a longer battle than expected, admitted the president of the Federal Reserve, Jerome Powellthis Thursday, thus reducing the chances of an upcoming interest rate […]
US inflation in March could affect interest rate decision
A new rise in inflation in March in the United States could definitively remove the prospect of an interest rate cut by the Federal Reservethe US central bank, at its June meeting. Long awaited by the markets, the reduction in interest rates would be a relief for many companies dependent on credit for their development, […]
For JPMorgan Chase president, inflation remains a threat
The president of the bank JPMorgan Chasethe influential Jamie Dimonfears that inflation in the United States could remain high for longer than authorities expected and does not rule out that interest rates will rise again, according to its annual letter to investors published on Monday. The ecological transition, the increase in military spending and the […]
Inflation in the US slows but remains high; prices are reduced very gradually
Annual inflation in the United States fell last month but remained high, in the latest sign that pandemic-driven price increases are being brought under control, albeit gradually and unevenly. The report released Tuesday by the Labor Department showed that the consumer price index rose 0.3% from December to January, an increase from the previous month’s […]
Inflation in the US rises more than expected in December to 3.4%
The inflation in the United States closed in December 2023 with a stronger than expected year-on-year rebound, due in particular to housing prices, according to the CPI index released on Thursday by the Department of Labor. The Consumer Price Index (CPI) of the Department, a key indicator of inflation, rose 3.4% in December compared to […]
Inflation in the US moderates in November to 3.1% in 12 months, before the Fed
The inflation fell slightly in November in the United States, standing at 3.1% in the interannual period, compared to the 3.2% registered the previous month, according to the CPI index published on Tuesday by the Department of Labor. The Consumer Price Index (CPI), which is known before the end of the Federal Reserve’s monetary policy […]
Slowing inflation in the US boosts expectations that the Fed will not raise rates further
U.S. consumer prices were unchanged in October amid a decline in gasoline prices, and the annual rise in core inflation was the smallest in two years, supporting the view that the Fed Federal is probably done raising interest rates. Although rents continued to rise last month, the pace of the increase slowed considerably compared to […]
Gasoline accelerates rise in consumer prices in the United States in August
Consumer prices in USA They posted their biggest rise in more than a year, following a rebound in the cost of gasoline, but a moderate rise in core inflation could encourage the Federal Reserve to keep interest rates unchanged next Wednesday. The consumer price index rose 0.6% last month, the biggest increase since June 2022, […]
US inflation returns to pre-pandemic levels and stands at 3%
The rate of inflation in the United States it fell one point in June, to 3%, reaching its lowest level since before the pandemic and thus completing a year followed by declines, according to the Bureau of Labor Statistics (BLS, for its acronym in English). In monthly terms, consumer prices rose two tenths compared to […]