Fed officials see inflation, according to their preferred measure, rising to 3% by the end of this year, from 2.1% in April. It also projects the unemployment rate will rise to 4.5%, from 4.2% ...

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Stock index futures rose on Friday, with S&P 500 and Nasdaq futures scaling new intraday highs as investors looked forward to the Federal Reserve’s preferred inflation gauge.

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ALSO READ: Gold dips ₹10 to 1,00,360; silver climbs ₹100 to trade at ₹1,10,100 During 2024-25 (FY25), gold inflation climbed to 24.7 per cent on average against 15.1 per cent in FY24, and despite a ...

Cutting rates too soon could stoke inflation, which already sits above the Fed’s 2% target. But there’s also risk in waiting too long, which could hurt the labor market and slow economic growth.

Cutting rates too soon could stoke inflation, which already sits above the Fed’s 2% target. But there’s also risk in waiting too long, which could hurt the labor market and slow economic growth.