U.S. Consumer Prices Hit Highest Level in a Year
The CPI rose 2.1% in November on a year-on-year basis but the Fed "doesn’t expect inflation to sharply exceed its 2% goal anytime soon."
U.S. Labor Costs Growth Lowered to 2.5% for Q3
The sharp downward revision suggests inflation will continue to run below the Federal Reserve’s 2% target.
BIS Spotlights Role of Large Banks in Repo Shock
The banks' diminished ability to supply funding at short notice could have "amplified the repo rate reaction" in September, a report says.
U.S. Producer Prices Post Biggest Gain in 6 Months
"Inflation needs to accelerate noticeably for the Fed to consider raising interest rates, and that doesn’t appear to be in the cards."
Fed Cuts Interest Rates Again in ‘Insurance’ Move
“We took this step to help keep the economy strong in the face of global developments and to provide some insurance against ongoing risks."
Fed OKs Rollbacks of Post-Crisis Banking Rules
The Board of Governors voted 4-1 in favor of the changes, with the dissenter saying they would weaken core safeguards.
Fed to Buy Treasuries to Ease Funding Strains
The Fed's move to grow its balance sheet comes after last month's “unexpectedly intense volatility” in the funding markets.
Fed to Cut Rates Again This Year, S&P Predicts
Another cut in December is "contingent upon an escalation in trade tensions, further weakness in global growth, and increased geopolitical tensions."
Fed Ready for More Funding Markets Interventions
“For the foreseeable future, we’re going to be looking at doing the sorts of things we did the last two days," Fed Chair Jerome Powell says.
Fed Repurchases Debt Amid Overnight Rate Jump
The repo operation, the Fed's first since the Great Recession, came after the benchmark federal funds rate rose to the top of its target range.
U.S. Consumer Spending Surges 0.6% in July
“The consumer is still very sturdy and providing fundamental strength to the overall economy,” an economist says.