Inflation gives Fed green light for December, yellow for 2025

Quick Summary:

Officials might rein in the number of rate cuts they anticipate in 2025 as they wait for more confirmation that inflation is on track to reach their goal.

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Article Details

Author / Journalist: Jonnelle Marte, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Inflation Mortgage rates Economy Interest Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 19:56:05 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 28 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 24361206

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 56 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #95

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