Inflation Ticks Up, but Details Are Encouraging for the Fed

Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.

Topics

Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged

Everyday Americans still expect sticky inflation in the coming years.
Inc. - 14h
Inflation remains sticky, with CPI rising 2.7% from a year ago

Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
CBS News - 8h
Price growth ticked up in November as inflation progress stalls

Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling.
NBC News - 10h
Inflation ticks higher as Fed eyes another rate cut

Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...
The Hill - 11h
Inflation threatens Fed rate-cut expectations once again. Here’s why.

With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...
MarketWatch - Dec. 4
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected

Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.
The New York Times - Dec. 4
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."
CNBC - Dec. 2
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.
NBC News - Dec. 2
Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data
Financial Times - Dec. 2