Financial Times on Nostr: Is US inflation on the rise? ========== The Federal Reserve cut US interest rates by ...
Is US inflation on the rise?
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The Federal Reserve cut US interest rates by 0.25 percentage points to a target range of 4.5 to 4.75 percent; October's consumer price index growth is expected at 2.6 percent year-on-year, up from 2.4 percent in September; core inflation is projected to remain steady at 3.3 percent; Neil Sun from RBC Global Asset Management anticipates another quarter-point rate cut in December; the Bank of England predicts GDP boost of 0.75 percent and inflation peak at 2.7 percent by end of next year; markets expect less than one percentage point of cuts by the end of next year due to inflationary pressures from Trump’s policies.
#Inflation #FederalReserve #InterestRates #Trump #Economy #Gdp #BankOfEngland #ConsumerPriceIndex #CoreInflation #MonetaryPolicy
https://www.ft.com/content/1f8e88bf-110f-4c99-85dc-5f74706518ac
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The Federal Reserve cut US interest rates by 0.25 percentage points to a target range of 4.5 to 4.75 percent; October's consumer price index growth is expected at 2.6 percent year-on-year, up from 2.4 percent in September; core inflation is projected to remain steady at 3.3 percent; Neil Sun from RBC Global Asset Management anticipates another quarter-point rate cut in December; the Bank of England predicts GDP boost of 0.75 percent and inflation peak at 2.7 percent by end of next year; markets expect less than one percentage point of cuts by the end of next year due to inflationary pressures from Trump’s policies.
#Inflation #FederalReserve #InterestRates #Trump #Economy #Gdp #BankOfEngland #ConsumerPriceIndex #CoreInflation #MonetaryPolicy
https://www.ft.com/content/1f8e88bf-110f-4c99-85dc-5f74706518ac