Category: Federal Reserve

Key developments: Futures markets see only a 15% chance of an October hike, but September CPI data showed inflation at 3.7% year‑over‑year, up from 3.4% in August, and core inflation remained elevated at 2.6%. The Fed already lifted…

Continue reading Fed faces tightrope as October rate decision looms amid hotter‑than‑expected inflation and diverging signals from Chair Kevin Warsh

Key developments: Recent CPI data shows headline inflation at 3.7% year‑over‑year in September, with core prices still running at 2.6%—well above the Fed’s 2% target. Markets have lifted the odds of a 0.25‑point hike at the Oct. 28 meeting…

Continue reading Fed Faces Critical Rate Decision Ahead of Midterms Amid Rising Inflation

Key developments: San Francisco Fed President Mary Daly said the committee will probably need more tightening, but she does not see a pressing reason to raise rates at the Oct 27‑28 meeting. New CPI data showed inflation at a 3.7% year‑over‑year…

Continue reading Fed officials see likely further hikes but rule out October move amid 3.7% CPI surge

Key developments: Federal Reserve policymakers, led by San Francisco Fed President Mary Daly, say the central bank will probably need to raise short‑term rates again to curb inflation, but they do not view an October 27‑28 move as urgent. Recent…

Continue reading Fed officials see more rate hikes likely as inflation stays high

Key developments: San Francisco Fed President Mary Daly said the Fed will probably need to raise short‑term rates again to tame inflation, but she ruled out an urgent decision at the Oct 27‑28 meeting, reflecting a “wait‑and‑see” stance. Meanwhile, September…

Continue reading Fed Officials Signal Likely Rate Hikes but No Immediate Move in October

Key developments: San Francisco Fed President Mary Daly said the central bank will probably need to raise rates further to curb inflation, yet she ruled out an urgent move at the Oct. 27‑28 meeting. Meanwhile, September CPI jumped…

Continue reading Fed likely to keep tightening as September CPI spikes, but October hike still uncertain

In its September 15‑16 meeting the Federal Open Market Committee voted unanimously to lift the federal funds rate by a quarter‑point to a range of roughly 3.75‑4.0%, marking the first increase since July 2023. Minutes released on October…

Continue reading Fed Raises Rates for First Time in Three Years, Signals More Hikes Likely

Key developments: In its September 15‑16 meeting the Federal Open Market Committee voted unanimously to lift the federal funds target range by a quarter‑point to roughly 3.9%, the first hike in three years. The minutes highlighted that inflation…

Continue reading Fed Raises Rates in September, Signals One More Hike Likely This Year