Fed Governor Waller sees December hike likely, opens door to possible half-point increase

Fed’s Likely Next Move Points To Dark Cloud Looming Over Young Americans

The Federal Reserve is preparing its next move to fight inflation, but it could push young Americans even farther out of the wealth race.

Fed faces tougher inflation fight as pressure builds for more rate hikes

Data: FactSet; Chart: Courtenay Brown/AxiosInflation is no longer confined to a handful of trouble spots. Now, Federal Reserve officials are starting to question whether raising interest rates gradually will be enough to contain it.Why it matters: Fed officials had hoped that a relatively modest series of interest rate hikes would be enough to bring inflation under control — more a recalibration than a tightening campaign.But stubbornly high — a…

The Fed has to raise rates, but how fast has officials divided

MKT-5894P-A Officials at the Federal Reserve are in broad agreement that interest rates need to rise in order to tame inflation that continued to accelerate this year.

FED PANIC: FOMC Statement Drops as Inflation Nightmare Returns — Jumbo Rate Hike Fears Explode

The Federal Reserve issued its FOMC statement Wednesday as bond markets reel from a hot inflation print and Chicago Fed President Austan Goolsbee calls the October CPI report 'borderline disturbing,' fueling fears of a half-point rate hike.

US Dollar Reaches Multi-Month Highs as Investors Anticipate Further Interest Rate Increases

The US dollar has gained significantly against major currencies as stronger inflation data boosts expectations of additional Federal Reserve interest rate increases. Investors increasingly view ... The post US Dollar Reaches Multi-Month Highs as Investors Anticipate Further Interest Rate Increases first appeared on [your]NEWS.

October CPI tops forecasts; Fed's Waller leans toward December rate hike

October CPI rose 0.4% on top of September's 0.6%, and Governor Waller said he is leaning toward a 25bp December hike, or 50bp if inflation stays high.