Page 5 - Stuart Paul News Today

US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months.

The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months. The core consumer price index, a measure that excludes food and fuel for a better picture of…

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Federal Reserve officials cemented the end of their aggressive campaign to push up interest rates, and sought to reset expectations for how soon and how fast they’ll cut this year as inflation pressures fade. While policymakers are shifting their focus to when to start easing policy amid a favorable pullback…

The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting ending Wednesday, a 22-year high first reached in July.

Todays gains come on the back of buying in strong index heavyweights, a rise in Asian peers, as well as hopes of a US Fed rate cut and a populist budget due later this week. The BSE Sensex soared 896 points to 71,637.61 while the Nifty50 jumped 291 points to 21,429.60.

(Bloomberg) -- Federal Reserve policymakers may finally be right on the verge of cutting interest rates.

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