[Tree] Comparison of inflation metrics in the U.S.

Version 1.81 (2024-09-09 20:33:14.623000)

updates: Introduction of HICP as an inflation metric.

Version 1.8 (2024-08-14 17:08:14.776000)

updates: Updated information on wholesale inflation cooling and potential rate cuts

Version 1.79 (2024-08-14 13:04:53.547000)

updates: Wholesale inflation cooled in July, setting up the Federal Reserve for an interest rate cut in September

Version 1.78 (2024-08-14 11:02:36.273000)

updates: Consumer Price Index (CPI) data and additional details on the US economy

Version 1.77 (2024-08-14 02:06:00.093000)

updates: Updated information on wholesale inflation and price pressures

Version 1.76 (2024-08-13 14:04:49.463000)

updates: Producer prices rose less than expected in July

Version 1.75 (2024-08-13 13:09:56.123000)

updates: Producer prices rise less than expected in July, indicating potential moderation of inflation

Version 1.74 (2024-07-13 20:56:59.875000)

updates: Updated information on US wholesale inflation in June

Version 1.73 (2024-07-13 05:54:17.188000)

updates: Wholesale inflation remains elevated, contradicting easing inflation indicators

Version 1.72 (2024-07-12 23:54:18.288000)

updates: Wholesale inflation rose by 2.6% in June, the sharpest increase since March 2023. The rise in wholesale inflation was driven by a rise in services prices, particularly profit margins for machinery and auto wholesalers. Overall prices of goods fell, with gasoline prices tumbling 5.8% and food prices also dropping. The potential rate cuts are anticipated to lead to lower borrowing costs and could boost stock prices.

Version 1.71 (2024-07-12 20:57:57.310000)

updates: Wholesale prices rose more than anticipated in June, challenging the Federal Reserve's rate cut plans

Version 1.7 (2024-07-12 18:58:02.315000)

updates: New information on the unexpected rise in wholesale prices in June

Version 1.69 (2024-07-12 17:57:24.329000)

updates: Higher-than-expected increase in wholesale prices raises concerns about inflation trajectory and Federal Reserve rate cuts

Version 1.68 (2024-07-12 17:56:49.346000)

updates: The article provides additional details on the unexpected rise in wholesale prices in June, the potential implications for retail-level inflation, and the questions it raises about the Federal Reserve's plans for interest rate cuts.

Version 1.67 (2024-07-12 16:55:06.182000)

updates: New information on wholesale inflation and its implications for interest rates

Version 1.66 (2024-07-12 16:54:03.715000)

updates: The new information confirms the unexpected rise in wholesale prices in June, indicating persistent inflation pressures. It also raises concerns about the Federal Reserve's plans for interest rate cuts. Additionally, it highlights the potential implications of the unexpected rise in wholesale prices on retail-level inflation and the Federal Reserve's monetary policy decisions. The information also provides an update on consumer prices, indicating a decline in June but higher costs for necessities. Lastly, it mentions the government's report on consumer prices falling for the first time in four years in June and the expectations of a rate cut in September and December.

Version 1.65 (2024-07-12 16:21:16.528000)

updates: New information on US producer inflation and Federal Reserve's interest rate plans

Version 1.64 (2024-07-12 15:55:26.931000)

updates: Updated information on US wholesale prices exceeding expectations and throwing doubt on Fed rate cuts

Version 1.63 (2024-07-12 15:54:05.814000)

updates: New information on wholesale inflation and its implications for the economy and Federal Reserve

Version 1.62 (2024-07-12 14:59:13.477000)

updates: New information on US wholesale inflation and its potential impact on the economy

Version 1.61 (2024-07-12 14:56:47.946000)

updates: New information about wholesale inflation and its implications

Version 1.6 (2024-07-12 12:57:39.589000)

updates: New information about US producer prices rising moderately in June

Version 1.59 (2024-07-12 12:57:22.802000)

updates: Unexpected rise in wholesale prices in June

Version 1.58 (2024-07-12 12:55:08.487000)

updates: New information on the Producer Price Index (PPI) in June

Version 1.57 (2024-07-12 12:54:40.592000)

updates: New information about wholesale inflation and producer price index

Version 1.56 (2024-07-12 12:54:11.854000)

updates: New information about falling consumer prices in June and anticipation of a September rate cut by the Federal Reserve

Version 1.55 (2024-07-12 09:01:39.073000)

updates: New information on gas prices and inflation trends

Version 1.54 (2024-07-12 08:00:14.703000)

updates: Speculation of Fed interest rate cuts

Version 1.53 (2024-07-12 03:57:12.876000)

updates: New information on gas prices and inflation readings

Version 1.52 (2024-07-12 03:54:43.197000)

updates: New information on gas prices and CPI readings

Version 1.51 (2024-07-12 01:56:15.486000)

updates: New information on CPI readings and Fed's potential rate cut

Version 1.5 (2024-07-12 00:55:36.887000)

updates: New information on gas prices and inflation in June

Version 1.49 (2024-07-11 23:57:27.719000)

updates: Gas prices impact on inflation and concerns for consumers and the Fed

Version 1.48 (2024-07-11 23:57:15.832000)

updates: Updated information on inflation easing in June and speculation of Fed rate cuts

Version 1.47 (2024-07-11 20:54:30.955000)

updates: Speculation of Fed interest rate cut

Version 1.46 (2024-07-11 19:57:35.616000)

updates: Updates on inflation data, Fed's potential rate cut

Version 1.45 (2024-07-11 19:55:52.060000)

updates: US financial markets anticipate September rate cut

Version 1.44 (2024-07-11 17:58:22.292000)

updates: Includes information on the decline in inflation in June and the potential for Fed rate cuts

Version 1.43 (2024-07-11 17:54:19.823000)

updates: Updated information on US inflation and potential Fed rate cuts

Version 1.42 (2024-07-11 16:59:29.158000)

updates: US inflation falls in June, boosting case for lower rates

Version 1.41 (2024-07-11 16:55:08.756000)

updates: President Biden praises CPI's June inflation data; possibility of lower rates

Version 1.4 (2024-07-11 16:54:39.407000)

updates: Updated information on US inflation and potential rate cuts by the Federal Reserve

Version 1.39 (2024-07-11 16:00:33.418000)

updates: New information on the latest inflation data and the potential for a rate cut in September

Version 1.38 (2024-07-11 15:58:50.231000)

updates: US inflation cools to slowest pace in a year

Version 1.37 (2024-07-11 15:58:01.648000)

updates: Updated information on US inflation and potential interest rate cuts by the Federal Reserve

Version 1.36 (2024-07-11 14:58:03.754000)

updates: Updated information on US inflation and the potential for interest rate cuts

Version 1.35 (2024-07-11 14:57:22.602000)

updates: Updated information on US inflation in June

Version 1.34 (2024-07-11 14:54:49.238000)

updates: Inflation fell further in June, lower gasoline prices

Version 1.33 (2024-07-11 14:54:00.825000)

updates: US inflation falls to 3% in June, driven by decline in used car prices

Version 1.32 (2024-07-11 14:00:03.664000)

updates: US inflation cooled in June, driven by a slowdown in housing costs. The consumer price index (CPI) rose 3.0% from a year ago, lower than the consensus forecast of 3.1%. The core CPI, which excludes food and energy inputs, climbed 0.1% from May, the smallest advance since August 2021. The year-over-year measure rose 3.3%, the slowest pace in over three years. The overall CPI fell 0.1% from the prior month, the first decline since the onset of the pandemic. These figures suggest that inflation has resumed its downward trend and economic activity is slowing. The Federal Reserve is likely to cut interest rates later this year, with traders seeing a rate cut in September as the most likely scenario. The latest inflation readings could convince the Federal Reserve to cut interest rates. If inflation remains low through the summer, economists expect the Fed to begin cutting its benchmark rate in September. However, the costs of food, rent, health care, and other necessities remain higher than before the pandemic. Shelter prices climbed 0.2%, the smallest gain since August 2021. Services prices fell for a second month, excluding housing and energy. The personal consumption expenditures (PCE) price index, which draws from the CPI, is trending closer to the Fed's 2% target. Delta Air Lines Inc's revenue projections came in weaker than forecast. Prices of new vehicles declined for a sixth month. Consumers are growing increasingly sensitive to higher prices. Real earnings growth has been positive for the past year.

Version 1.31 (2024-07-11 13:57:25.461000)

updates: US consumer prices fell in June for the first time since the start of the pandemic

Version 1.3 (2024-07-11 13:57:06.716000)

updates: Inclusion of specific inflation figures and Fed Chair's statement

Version 1.29 (2024-07-11 13:56:32.777000)

updates: US inflation cooled in June, driven by a slowdown in housing costs. The core CPI climbed 0.1% from May, the smallest advance since August 2021. The year-over-year measure rose 3.3%, the slowest pace in over three years. The overall CPI fell 0.1% from the prior month, the first decline since the onset of the pandemic. Recurring applications for jobless benefits held near the highest level since late 2021. First-time filings fell by 17,000 last week, providing some optimism for the job market. Chair Jerome Powell avoided signaling the timing of likely rate cuts.

Version 1.28 (2024-07-11 13:56:16.300000)

updates: Updated information on US inflation easing to 3% in June

Version 1.27 (2024-07-11 13:55:48.321000)

updates: Inflation in June was 3%, the lowest level in 12 months

Version 1.26 (2024-07-11 13:55:16.999000)

updates: New information on US inflation data and the potential for a Fed rate cut

Version 1.25 (2024-07-11 12:57:45.186000)

updates: US consumer prices fell 0.1% in June, the first month-on-month decline since May 2020. The annual rate of inflation dropped to 3% from 3.3% in May. The decline was driven by falling gas prices and a drop in new and used car prices. The core Consumer Price Index, which excludes energy and food prices, rose 0.1% from May, its slowest pace since August 2021, bringing the annual rate of core inflation to 3.3% from 3.4%. US stock futures rose on the news as investors hope it will lead to the Federal Reserve lowering interest rates. Dow futures rose 80 points, S&P 500 futures were 0.3% higher, and Nasdaq futures rose 0.3%. US Treasury yields fell, which could benefit consumers with lower mortgage and credit card rates.

Version 1.24 (2024-07-11 12:57:14.803000)

updates: Updated information on US inflation in June and potential Fed rate cut

Version 1.23 (2024-07-11 12:56:47.639000)

updates: Inflation in June was 3%, the lowest level in 12 months, beating economist estimates. Consumer prices declined 0.1% from May to June, the first month-over-month decrease since 2020. Core inflation, which excludes food and energy inputs, was 3.3% in June. Both inflation measures are above the 2% target but have improved from previous highs. Shelter costs, including rent and homeowner payments, increased by 5.2% compared to June 2023. Inflation is a key issue heading into the presidential election, with the consumer price index up 20.6% since December 2020. President Joe Biden's term has coincided with the inflationary cycle, and voters trust Donald Trump more on the issue despite his false claims.

Version 1.22 (2024-07-11 12:54:37.121000)

updates: Inflation in June was 3%, the lowest level in 12 months, beating economist estimates. Consumer prices declined 0.1% from May to June, the first month-over-month decrease since 2020. Core inflation, which excludes food and energy inputs, was 3.3% in June. Both inflation measures are above the 2% target but have improved from previous highs. Shelter costs, including rent and homeowner payments, increased by 5.2% compared to June 2023. Inflation is a key issue heading into the presidential election, with the consumer price index up 20.6% since December 2020. President Joe Biden's term has coincided with the inflationary cycle, and voters trust Donald Trump more on the issue despite his false claims.

Version 1.21 (2024-07-11 11:54:46.321000)

updates: Updated US inflation data for June, Fed's consideration of rate cut

Version 1.2 (2024-07-11 07:57:45.248000)

updates: New information about the expected slowdown in inflation in June and the potential for a Fed rate cut

Version 1.19 (2024-07-11 05:54:40.862000)

updates: Updated information on US CPI data and the potential for a Fed rate cut

Version 1.18 (2024-07-10 18:55:53.921000)

updates: Updates on US inflation expectations and housing costs in June CPI report

Version 1.17 (2024-07-10 04:59:03.273000)

updates: Added information about Trump's proposed policies and their potential impact on inflation

Version 1.16 (2024-07-10 04:55:30.972000)

updates: Added information about China's consumer price growth and the upcoming Communist party economic meeting

Version 1.15 (2024-07-10 01:55:25.013000)

updates: Incorporated information about China's consumer inflation and economic recovery

Version 1.14 (2024-07-09 21:58:07.621000)

updates: Inclusion of a new survey showing declining inflation expectations among Americans

Version 1.13 (2024-07-09 17:56:26.451000)

updates: Preview of US CPI report and market expectations

Version 1.12 (2024-07-08 23:57:58.427000)

updates: Integration of new information on CPI forecast and Fed rate cut expectations

Version 1.11 (2024-07-06 02:54:28.011000)

updates: Updates on US inflation expectations and economic indicators

Version 1.1 (2024-07-01 07:57:55.886000)

updates: New information on US PCE figures and the possibility of a rate cut

Version 1.09 (2024-07-01 05:55:26.376000)

updates: Lower PCE inflation increases likelihood of Fed rate cut

Version 1.08 (2024-06-30 16:57:12.120000)

updates: The US dollar weakened after data showed inflation subsided, increasing expectations of Fed rate cuts.

Version 1.07 (2024-06-30 16:53:46.901000)

updates: Updated information on US inflation and Fed rate cut prospects

Version 1.06 (2024-06-29 22:55:06.323000)

updates: Added information about the softening economy and concerns about the health of the financial system

Version 1.05 (2024-06-29 19:54:16.791000)

updates: New information on US inflation and Fed rate cut

Version 1.04 (2024-06-29 15:53:40.682000)

updates: Updated information on US inflation and Federal Reserve's preferred inflation gauge

Version 1.03 (2024-06-29 14:53:54.309000)

updates: Updates on US inflation and Federal Reserve's preferred inflation gauge

Version 1.02 (2024-06-29 10:55:14.194000)

updates: Updated information on US inflation in May and the possibility of a Fed rate cut

Version 1.01 (2024-06-29 08:54:04.510000)

updates: New information about US inflation pressures easing and the possibility of a Fed rate cut

Version 1.0 (2024-06-29 05:54:45.143000)

updates: Updated information on US inflation and Federal Reserve's preferred inflation gauge

Version 0.99 (2024-06-29 04:53:39.042000)

updates: Updated information on US inflation and Federal Reserve's stance on interest rates

Version 0.98 (2024-06-29 03:53:48.219000)

updates: Updated information on US inflation and Fed rate cut expectations

Version 0.97 (2024-06-29 02:53:35.079000)

updates: Additional details on inflation trends and consumer spending

Version 0.96 (2024-06-29 01:54:46.869000)

updates: Incomes have outrun inflation for the 17th month in a row

Version 0.95 (2024-06-29 00:53:36.113000)

updates: The Federal Reserve's preferred inflation gauge shows further easing of price pressures

Version 0.94 (2024-06-28 19:54:19.324000)

updates: The Federal Reserve is closely monitoring easing inflation, potentially setting the stage for rate cuts in September.

Version 0.93 (2024-06-28 18:54:50.799000)

updates: The Federal Reserve's preferred measure of underlying U.S. inflation decelerated in May, bolstering the case for lower interest rates later this year.

Version 0.92 (2024-06-28 18:54:15.700000)

updates: Incorporated additional information about core inflation and consumer prices from Cheddar

Version 0.91 (2024-06-28 16:58:40.128000)

updates: Additional details on inflation and consumer spending

Version 0.9 (2024-06-28 16:58:25.395000)

updates: US inflation remains unchanged in May

Version 0.89 (2024-06-28 16:54:21.247000)

updates: US inflation eases in May, prices of goods slide

Version 0.88 (2024-06-28 16:53:40.290000)

updates: Updated information on US inflation and Fed rate cuts

Version 0.87 (2024-06-28 14:54:08.279000)

updates: US inflation shows signs of easing, Fed rate cuts possible

Version 0.86 (2024-06-28 13:58:24.016000)

updates: Updates on US and Canada inflation rates

Version 0.85 (2024-06-28 13:56:35.347000)

updates: Updates on US and Canada inflation rates, Fed rate cuts

Version 0.84 (2024-06-28 13:54:25.771000)

updates: Updates on US and Canada inflation rates

Version 0.83 (2024-06-28 13:53:53.179000)

updates: Updates on US and Canada inflation rates and interest rates

Version 0.82 (2024-06-28 12:56:19.842000)

updates: Updates on US and Canada inflation rates

Version 0.81 (2024-06-25 12:57:23.675000)

updates: Canada inflation unexpectedly accelerates in May

Version 0.8 (2024-06-21 18:54:44.311000)

updates: New information on core inflation in the US

Version 0.79 (2024-06-15 07:59:25.793000)

updates: Updated information on US import prices experiencing a decline in May

Version 0.78 (2024-06-14 16:54:02.382000)

updates: Wholesale and import prices decline in May

Version 0.77 (2024-06-14 13:55:20.826000)

updates: US import prices decline in May, first drop in five months

Version 0.76 (2024-06-14 12:54:00.309000)

updates: Information on US import and export prices declining in May

Version 0.75 (2024-06-14 09:58:04.291000)

updates: New information on the decline in producer prices and inflationary pressures

Version 0.74 (2024-06-14 06:52:56.769000)

updates: Wholesale prices ease, inflationary pressure relief

Version 0.73 (2024-06-13 21:53:16.716000)

updates: Updated information on US wholesale prices and inflation pressures

Version 0.72 (2024-06-13 19:55:22.945000)

updates: New information on US wholesale prices and inflation pressures

Version 0.71 (2024-06-13 17:54:01.869000)

updates: Wholesale price figures, additional details on PPI and consumer prices

Version 0.7 (2024-06-13 15:00:37.901000)

updates: New information on wholesale prices and inflation pressures

Version 0.69 (2024-06-13 14:58:10.865000)

updates: Updates on US inflation and producer prices

Version 0.68 (2024-06-13 14:57:26.852000)

updates: The US producer prices unexpectedly declined in May by the most in seven months, with the producer price index (PPI) for final demand decreasing 0.2% from the previous month. The decline in the May PPI for goods was largely due to lower gasoline costs, and goods prices overall decreased 0.8%. Several categories in the PPI report used to calculate the Fed's preferred inflation measure, the personal consumption expenditures (PCE) price index, were softer in May compared to the previous month. Costs of processed goods for intermediate demand, which reflect prices earlier in the production pipeline, decreased 1.5%, the most since the end of 2022, largely due to plunging energy costs.

Version 0.67 (2024-06-13 14:57:10.786000)

updates: The Labor Department reported that US wholesale prices fell 0.2% from April to May, indicating a potential easing of inflation pressures. This comes as the Federal Reserve considers reducing interest rates. The producer price index, which tracks inflation before it reaches consumers, was pulled down by a 7.1% drop in gasoline prices. Wholesale prices rose by 2.2% compared to the same period last year. Excluding food and energy costs, core producer prices remained the same as in April and were up 2.3% from May 2023. Consumer inflation remained at 6.7%, above the Fed's 2% target. The May PCE price index is expected to barely rise. Despite inflation easing, essentials such as groceries, rent, and healthcare remain significantly more expensive than three years ago. The US economy remains robust, with low unemployment rates and strong economic growth forecasted.

Version 0.66 (2024-06-13 14:55:07.951000)

updates: Wholesale prices dropped in May, indicating cooling inflation pressures

Version 0.65 (2024-06-13 14:52:57.063000)

updates: Wholesale prices fell in May, potential easing of inflation pressures

Version 0.64 (2024-06-13 13:52:57.025000)

updates: Wholesale prices drop in May, indicating cooling inflation pressures

Version 0.63 (2024-06-13 10:57:31.009000)

updates: The Federal Reserve Chair expressed caution about inflation and interest rates

Version 0.62 (2024-06-13 10:56:21.117000)

updates: Additional information on inflation and other news topics

Version 0.61 (2024-06-13 08:54:44.800000)

updates: US inflation dropped to 0% in May, opening the possibility of Fed cuts

Version 0.6 (2024-06-13 06:53:53.475000)

updates: The latest inflation report shows progress in taming inflation

Version 0.59 (2024-06-13 04:56:35.313000)

updates: Inflation report shows progress in taming inflation

Version 0.58 (2024-06-12 18:58:05.915000)

updates: Federal Reserve Chair Powell seeks 'greater confidence' on inflation progress

Version 0.57 (2024-06-12 18:55:10.870000)

updates: Federal Reserve expected to hold rates steady

Version 0.57 (2024-06-12 18:55:10.870000)

updates: Federal Reserve expected to hold rates steady

Version 0.56 (2024-06-12 09:54:22.381000)

updates: Federal Reserve expected to hold rates steady

Version 0.56 (2024-06-12 09:54:22.381000)

updates: Federal Reserve expected to hold rates steady

Version 0.55 (2024-06-12 09:53:37.438000)

updates: Inflation in May held steady at 3.4%

Version 0.54 (2024-06-11 17:59:09.863000)

updates: Transcript of Neel Kashkari discussing inflation and interest rates

Version 0.53 (2024-06-03 04:52:57.176000)

updates: Transcript of Neel Kashkari discussing inflation and interest rates

Version 0.53 (2024-06-03 04:52:57.176000)

updates: Transcript of Neel Kashkari discussing inflation and interest rates

Version 0.52 (2024-06-02 10:58:42.929000)

updates: Federal Reserve officials are unlikely to lower interest rates despite cooler inflation data

Version 0.51 (2024-06-01 22:55:18.204000)

updates: The Federal Reserve faces a paradox in cutting rates

Version 0.5 (2024-06-01 13:00:32.555000)

updates: Updates on the latest report on consumer spending and inflation, indications that inflation may be leveling off, doubts about achieving the 2% inflation goal, readiness to cut interest rates if inflation slows [ff378681]

Version 0.49 (2024-05-30 06:54:25.604000)

updates: Federal Reserve delays rate cuts due to lingering inflation pressures from the pandemic

Version 0.49 (2024-05-30 06:54:25.604000)

updates: Federal Reserve delays rate cuts due to lingering inflation pressures from the pandemic

Version 0.49 (2024-05-30 06:54:25.604000)

updates: Federal Reserve delays rate cuts due to lingering inflation pressures from the pandemic

Version 0.48 (2024-05-29 18:00:41.512000)

updates: Federal Reserve delays rate cuts due to lingering inflation pressures from the pandemic

Version 0.48 (2024-05-29 18:00:41.512000)

updates: Federal Reserve delays rate cuts due to lingering inflation pressures from the pandemic

Version 0.47 (2024-05-29 14:57:05.821000)

updates: Includes an opinion piece by Paul Krugman on the dangers of 'inflation brain' and its impact on the Federal Reserve's decision-making process

Version 0.46 (2024-05-28 19:59:53.453000)

updates: Includes an opinion piece by Paul Krugman on the dangers of 'inflation brain' and its impact on the Federal Reserve's decision-making process

Version 0.45 (2024-05-28 17:54:13.093000)

updates: Discussion on the Federal Reserve's consideration of waiting game with inflation as labor market remains strong

Version 0.44 (2024-05-28 16:55:46.310000)

updates: The article 'Sour spillover of soaring rates' by Ei Sun Oh provides additional context on the Federal Reserve's decision to maintain high interest rates and discusses the impact on the American economy and consumers' interests.

Version 0.43 (2024-05-23 03:58:11.970000)

updates: The Biden administration expresses support for an independent Federal Reserve amid concerns of Trump's influence on monetary policy.

Version 0.42 (2024-05-23 00:53:10.660000)

updates: The Biden administration's support for an independent Federal Reserve

Version 0.41 (2024-05-21 16:55:24.125000)

updates: The article provides insights into the causes of inflation and the importance of coordination between the US Treasury and the Federal Reserve

Version 0.4 (2024-05-20 15:52:17.036000)

updates: Fed official predicts prolonged inflation fight and higher interest rates

Version 0.39 (2024-05-20 13:53:22.649000)

updates: Survey predicts higher inflation in 2024, Fed expected to cut rates

Version 0.38 (2024-05-18 11:55:41.291000)

updates: Missouri Bankers Association's perspective on the US economy

Version 0.37 (2024-05-16 19:55:24.678000)

updates: Updates on inflation, interest rates, and their impact on household income and housing market

Version 0.36 (2024-05-15 22:54:04.583000)

updates: Stock market reaches record high as inflation eases

Version 0.35 (2024-05-15 18:55:09.495000)

updates: The Federal Reserve is expected to keep interest rates relatively high well into 2025

Version 0.34 (2024-05-15 14:52:47.216000)

updates: US inflation eases, sparking debate on interest rates cut

Version 0.33 (2024-05-14 16:54:21.909000)

updates: The Federal Reserve's reluctance to lower interest rates amid inflation concerns

Version 0.32 (2024-05-13 19:51:58.936000)

updates: Federal Reserve officials suggest few rate cuts this year

Version 0.31 (2024-05-13 18:54:00.543000)

updates: The Federal Reserve now only expects one rate cut in November. Higher borrowing costs aren't having as much of an impact as expected. The housing market in the US is showing resilience despite the Federal Reserve's tightening policy.

Version 0.3 (2024-05-13 13:53:16.488000)

updates: Federal Reserve officials expect longer time to bring down inflation

Version 0.29 (2024-05-13 13:52:10.406000)

updates: Federal Reserve Governor Philip Jefferson's comments on maintaining interest rates

Version 0.28 (2024-05-13 11:52:39.468000)

updates: Federal Reserve officials express concerns about interest rates and inflation

Version 0.27 (2024-05-13 07:54:27.060000)

updates: Federal Reserve officials say rate hikes will take longer to bring down inflation

Version 0.26 (2024-05-11 19:51:59.490000)

updates: Kevin O’Leary predicts no rate cuts from the Fed in 2024, advises investors to adjust their strategy

Version 0.25 (2024-05-11 18:53:24.744000)

updates: Debate among Federal Reserve officials on interest rates

Version 0.24 (2024-05-11 14:52:06.588000)

updates: The Federal Reserve's 'no move' stance applies pressure on inflation and the economy

Version 0.23 (2024-05-11 11:52:26.287000)

updates: Debate over interest rates deepens among Fed officials

Version 0.22 (2024-05-11 07:52:03.783000)

updates: Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week. Year-ahead inflation expectations rose to 3.5% in May, challenging the Fed's assessment that expectations are 'anchored'.

Version 0.21 (2024-05-10 17:52:53.134000)

updates: Debate among Federal Reserve officials about interest rates and inflation expectations

Version 0.2 (2024-05-10 02:52:22.368000)

updates: Federal Reserve officials cautious about interest rate cuts

Version 0.19 (2024-05-09 18:57:46.881000)

updates: Updates on central bank policies and concerns about sticky inflation

Version 0.18 (2024-05-09 07:52:55.415000)

updates: Federal Reserve Bank of Boston President Susan Collins suggests economic slowdown may be needed to achieve 2% inflation

Version 0.17 (2024-05-08 16:54:57.234000)

updates: Federal Reserve officials emphasize the need for economic slowdown to achieve 2% inflation

Version 0.16 (2024-05-08 16:52:53.577000)

updates: Boston Fed President calls for higher interest rates

Version 0.15 (2024-05-08 12:52:29.319000)

updates: Added information about resilient housing inflation and its impact on interest rates

Version 0.14 (2024-05-08 02:57:03.221000)

updates: Minneapolis Fed President suggests interest rates may need to stay high to combat inflation

Version 0.13 (2024-05-07 00:52:53.336000)

updates: The US Federal Reserve announces it will maintain high interest rates due to lack of progress towards inflation target

Version 0.12 (2024-05-06 13:54:20.010000)

updates: New York Federal Reserve Bank President John Williams defends the U.S. central bank's 2% inflation target, stating that it is key to achieving price stability and essential for ensuring economic prosperity. Williams emphasizes the importance of transparency, clear communication, and setting an explicit, numerical longer-run inflation target to anchor inflation expectations. The Fed has been battling too-high inflation for over two years and plans to conduct a broad review of its policy framework later this year. Former U.S. Treasury Secretary Lawrence Summers, however, argues that the Fed should drop its 2% inflation goal, warning that keeping it would lead to a 'fairly serious recession' in the coming years. Chicago Fed President Austan Goolsbee defends the diverse range of views among central bankers and highlights the critical role of communication. Neither Williams nor Goolsbee offer updated views on inflation or the possibility of rate cuts.

Version 0.11 (2024-05-05 03:51:24.564000)

updates: Federal Reserve maintains high interest rates as inflation persists

Version 0.1 (2024-05-04 10:52:39.929000)

updates: New York Federal Reserve Bank President John Williams defends the U.S. central bank's 2% inflation target, stating that it is key to achieving price stability and economic prosperity. Williams emphasizes the importance of transparency, clear communication, and setting an explicit, numerical longer-run inflation target to anchor inflation expectations and keep inflation at the target. The Fed has been battling high inflation for over two years and plans to conduct a broad review of its policy framework later this year. Former U.S. Treasury Secretary Lawrence Summers argues that the Fed should drop its 2% inflation goal, warning that keeping it would lead to a serious recession. Chicago Fed President Austan Goolsbee defends the diverse range of views among central bankers and suggests enhancing the quarterly 'dot plot' of policymakers' interest-rate-path views. Williams and Goolsbee do not provide updated views on inflation or the possibility of rate cuts.

Version 0.09 (2024-05-04 05:51:54.051000)

updates: Inclusion of John Williams' defense of the 2% inflation target

Version 0.08 (2024-04-22 19:18:28.587000)

updates: Lessons learned from managing inflation in the past four years

Version 0.07 (2024-04-17 07:18:15.526000)

updates: Opinion article suggests retiring the 2% inflation target regime

Version 0.06 (2024-03-28 05:17:30.323000)

updates: Integration of new information about global economic trends and central bank pressures

Version 0.05 (2024-03-20 05:20:04.793000)

updates: Central bankers gain confidence as inflation eases and unemployment remains low

Version 0.04 (2024-03-09 17:19:59.722000)

updates: New data gives policymakers confidence they can cut rates by the summer

Version 0.03 (2024-03-08 21:19:21.407000)

updates: Central bankers remain optimistic about controlling inflation

Version 0.02 (2023-12-13 07:09:53.716000)

updates: Integration of information from the Financial Times article

Version 0.01 (2023-12-05 03:43:48.926000)

updates: Central banks face ongoing challenges in managing inflation

Version 0.0 (2023-11-29 10:43:01.304000)

updates: