Inflation slowed further in December as an economic 'soft landing ...

Jan 26, 2024 · WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his …

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Inflation Slowed Further In December As An Economic 'soft Landing ...

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Jan 26, 2024 · The latest data suggests that the economy is achieving a difficult “soft landing,” in which inflation falls back to the Fed’s 2% target without a recession.

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December Inflation Data Closes Door On January Rate Cut, But …

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1 hour ago · Caldwell says the uptick in overall inflation was also spurred by airfares, which rose 3.9% on a monthly basis in December. Change in Selected CPI Components Source: Bureau …

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Consumer Price Growth Rose In December, A Sign Trump Will Inherit ...

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8 hours ago · The Bureau of Labor Statistics reported Wednesday that the annual inflation rate — which is calculated based on prices compared to a year ago — climbed to 2.9% from 2.7% in …

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Fed Cuts Key Interest Rate To Lowest In Nearly Two Years

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Dec 18, 2024 · The Fed indicated future rate cuts may be fewer and further between because inflation has stayed stubbornly above the Fed's goal of a 2% annual rate. ... the economy in for …

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Core CPI Rises Less Than Forecast As Inflation Pressures Ease Slightly ...

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5 hours ago · Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a …

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Inflation Edged Up Again Last Month | CNN Business

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5 hours ago · Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in …

cnn.com

FAQs about Inflation slowed further in December as an economic 'soft landing ... Coupon?

Is the economy achieving a soft landing?

The latest data suggests that the economy is achieving an elusive” soft landing,” in which inflation falls back to the Fed’s target without a recession. That outcome could make it easier for the Fed to consider cutting its key interest rate, which it raised 11 times since March 2022 to attack inflation. ...

Is the economy achieving a'soft landing'?

The latest data suggests that the economy is achieving an elusive“ soft landing,” in which inflation falls back to the Fed’s target without a recession. That outcome could make it easier for the Fed to consider cutting its key interest rate, which it raised 11 times since March 2022 to attack inflation. ...

How do economists predict a soft landing?

Economists look at inflation, the labor market, gross domestic product (GDP) and other economic indicators when watching for a soft landing. According to calculations by Wells Fargo, the probability of a soft landing increased two percentage points from their last estimate to 42% when taking into account third-quarter data. ...

Would a soft landing be a rarity for the Fed?

A soft landing would be a rarity for the Federal Reserve. Out of the last nine times the Fed raised rates, a recession ensued after eight, according to analysis by Piper Sandler. However, this time, a recession is not an outcome that most economists think is likely. ...

Will a soft landing be possible in 2025?

The Federal Reserve needs price pressures to slow in 2025 to achieve a soft landing. Some forecasts indicate that the risk of inflation from President-elect Donald Trump's policies could exacerbate already stubborn inflation. ...

Why did the Fed's preferred inflation gauge cool further last month?

AP Photo/Nam Y. Huh The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his economic stewardship. ...