The U.S. central bank’s 2% annual inflation target is likely to remain illusive even if monthly data picks up, said William Dudley, president of the New York Fed, on Thursday.
Similar Stories to The Fed: Fed’s Dudley Says 2% Inflation Target Will Remain Elusive Even If Price Pressures Pick Up on Bing News
MarketWatch.com - Top Stories, MarketWatch
Thu, 08/10/2017 - 9:32am
BING NEWS:
- Next CPI Inflation Report Could Reduce 2025 Fed Rate Cut Expectations
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 interest rate cut expectations fall further.
01/13/2025 - 7:58 am | View Link - Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
Though Barkin is not a voting member of the Fed ... target, Barkin said. The impact of Trump's trade and immigration policies, however, could also add to price and wage pressures, while the economy's ...
01/2/2025 - 11:00 am | View Link - Fed’s rate cuts likely to slow with inflation pressures still elevated
The problem is that while inflation has dropped far below its peak of 9.1 percent in mid-2022, it remains stubbornly above the Fed’s 2 percent target ... And inflation pressures have proved ...
12/16/2024 - 5:08 am | View Link - More
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