Briefings

Week InReview: October 11, 2024

Most Fed officials not fazed by inflation report.

Fed path | The much-awaited and hotter-than-expected US CPI report yesterday left three Federal Reserve officials unfazed, suggesting they see a path for the central bank to keep cutting interest rates. Raphael Bostic, however, was the outlier and said he was “totally comfortable with skipping a meeting” and pausing easing should the data point to that being appropriate. The Fed's Austan Goolsbee, Lorie Logan, and Michelle Bowman are due to speak today.


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