Fed, Inflation
Digest more
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Another week, another set of critical data points.
Inflation slows to its lowest in three years, offering relief to consumers with signs of price stabilization across sectors like food and energy.
Inflation also softened in March ... sentiment also fell dramatically when the Fed hiked interest rates sharply in 2022 and 2023. But that didn’t lead to a recession, casting doubt on the ...
Financial markets also repriced after the U.S.-China agreement, slashing bets that the Fed would need to start cutting rates by July to cushion an economic downturn. Traders now see just two interest-rate cuts by year's end, beginning in September.
Mortgage rates are fluctuating after April's inflation report. See today’s national averages for fixed and ARM loans.
Student loan interest rates for 2025 remain painfully high, adding pressure for borrowers already facing rising college costs and stalled forgiveness programs.
The median of 15 estimates puts CPI inflation at 3.8 percent for FY26. If the RBI cuts rates by 50 basis points, the repo rate would fall to 5.5 percent from the current 6 percent.
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into a recession.