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Rate cuts not coming soon as US inflation stays elevated

CPI up 3.1pc in Jan, far above the Federal Reserve’s 2pc target

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Strong US Inflation Data Trumps UK Wages Data, Pound to Dollar Rate Slides Below 1.2600

Strong US Inflation Data Trumps UK Wages Data, Pound to Dollar Rate Slides Below 1.2600
currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.

United-kingdom , Kyle-chapman , David-woodsmith , Peter-cardillo , Sanjay-raja , Kallum-pickering , Federal-reserve , International-money , Deutsche-bank , Rabobank , Danske-bank , Data-trumps-united-kingdom-wages

Fed seen deferring rate cuts as inflation stays elevated | Hellenic Shipping News Worldwide

Fed seen deferring rate cuts as inflation stays elevated | Hellenic Shipping News Worldwide
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Fed seen waiting longer to cut rates as inflation stays elevated

Fed seen waiting longer to cut rates as inflation stays elevated
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Fed seen deferring rate cuts as inflation stays elevated

(Reuters) -Federal Reserve policymakers waiting for more evidence of easing price pressures before they cut interest rates may find themselves waiting a bit longer, after a government report on Tuesday showed consumer inflation stayed elevated last month. The consumer price index was up 3.1% in January from a year earlier, down from its 3.4% pace in December but more than the 2.9% economists polled by Reuters had been expecting. Underlying core inflation, which strips out energy and food prices, rose 3.9% from a year earlier for a second straight month.

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US Fed might defer rate cuts as inflation stays elevated: analysts

US Fed might defer rate cuts as inflation stays elevated: analysts
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Peter-cardillo , Jerome-powell , Omair-sharif , Reuters , Federal-reserve , Spartan-capital , Inflation-insight-omair ,

Fed seen to defer rate cuts as inflation stays elevated

Fed seen to defer rate cuts as inflation stays elevated
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Washington , United-states , Omair-sharif , Jerome-powell , Peter-cardillo , Federal-reserve , Reuters , Fed-chair-jerome-powell , Spartan-capital , Inflation-insight-omair ,

Fed seen deferring rate cuts as inflation stays elevated

By Ann Saphir (Reuters) -Federal Reserve policymakers waiting for more evidence of easing price pressures before they cut interest rates may find ...

Omair-sharif , Stephen-culp , Howard-schneider , Jonathan-oatis , Peter-cardillo , Jerome-powell , Ann-saphir , Chizu-nomiyama , Federal-reserve , Reuters , Fed-chair-jerome-powell , Spartan-capital

Wall St muted ahead of data-heavy week; Nvidia beats Amazon's market value

* Citi dips on Reuters report of regulators' reprimand
...

United-kingdom , Michigan , United-states , Bengaluru , Karnataka , India , Ankika-biswas , Maju-samuel , Peter-cardillo , Neel-kashkari , Johannm-cherian , Thomas-barkin

EMEA Morning Briefing : Stock Futures Mixed; Oil on Track for Weekly Gain -February 09, 2024 at 12:29 am EST

MARKET WRAPS

Watch For:

Germany CPI; trading updates from Hermes, Saab

Opening Call:

European stock futures were mixed early Friday. Asian benchmarks were largely higher in...

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