to triple down on its September rate cut mistakeThe federal funds futures market currently impliesof the Federal Open Market Committee . A 25 basis point cut will bring the cuts in the second half of 2024 to 100 basis points, a significant easing of the stance of monetary policy, despite a strong labor market and stubbornly persistent inflation.consumer prices rising at a breakneck annualized rate of 3.
Note that we’re annualizing the month-to-month figures here because it highlights how far above the Fed’s target the most recent numbers are, and it makes the acceleration more obvious. Both, matching the prior month’s core figure and ahead of the 0.2 percent previous reading for headline inflation.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Breitbart Business Digest: Inflation Is Making a Fool of the FedSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Läs mer »
Breitbart Business Digest: Democrats Downplayed Inflation and It Cost Them the White HouseSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Läs mer »
Breitbart Business Digest: How Bidenomics Triggered the Inflation Crisis and Cost Democrats EverythingSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Läs mer »
Breitbart Business Digest: The Trump Economic Boom Is Already BeginningSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Läs mer »
Breitbart Business Digest: Are Tariffs Really Coming for Your Christmas Presents?Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Läs mer »
Breitbart Business Digest: Younger Americans Are Far More Positive About the Economy After Trump’s WinSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Läs mer »