Page 45 - Inflation Data News Today

Most of the time the flurry of economic statistics amounts to so much sound and fury, signifying nothing. But this week could be different. Wednesday’s inflation data could be a game-changer.

Some analysts warn of limits to how long the Fed can keep rate increases off the table.

While Fed Chair Jerome Powell said interest rate hikes are "unlikely," he needs more confidence in inflation data before cutting rates this year.

Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%

The Federal Reserve is expected to hold interest rates steady again as it meets Wednesday, with inflation remaining above the central bank's 2% threshold.

We don't know how much benefits will increase yet, but here's what we do know.

(Bloomberg) — Asian stocks climbed, tracking a rally in US markets after an inflation reading eased concerns of a more hawkish Federal Reserve. Equities in Australia and South Korea rose at the open, while the Japanese stock market is shut for a holiday. US contracts nudged higher after the S&P 500 rose 1% on Friday.…

Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts oil demand. Brent crude futures fell 75 cents, or 0.84%, to $88.75 a barrel while West Texas Intermediate (WTI) futures were down 65 cents, or 0.78%, to $83.20 a barrel by 1221 GMT. "The sticky U.S. inflation sparks concerns for 'higher-for-longer' interest rates", leading to...

GLOBAL-OIL/ (UPDATE 7):UPDATE 7-Oil falls more than $1/bbl on Middle East peace talks, US rate cut doubts

The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts. - The Fed is not publishing updated economic forecasts this week, and so analysts will instead have to parse FOMC policymakers' public comments in the coming weeks for signs of their thinking on interest rate cuts.