Inflation: 2 things the Fed needs to see to cut rates
Ahead of the highly anticipated Consumer Price Index (CPI) report scheduled for release on Wednesday, PNC Financial Services Group Chief Economist Gus Faucher joins Market Domination Overtime to discuss the potential implications of future Federal Reserve rate cuts.
Faucher anticipates a slowdown in the year-over-year CPI report, which he considers "good news from the Fed's perspective." However, he expects the Federal Reserve to maintain a cautious stance and keep interest rates on hold until it can observe "more definitive proof that inflation is really slowing."
Faucher outlines two critical factors that need to materialize for the Fed to achieve its inflation target: "slower growth in housing costs," which has not yet been reflected in the shelter component of inflation data. And second, weaker wage growth is necessary, as these two elements combined can guide markets "back to that 2% objective."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Видео Inflation: 2 things the Fed needs to see to cut rates канала Yahoo Finance
Faucher anticipates a slowdown in the year-over-year CPI report, which he considers "good news from the Fed's perspective." However, he expects the Federal Reserve to maintain a cautious stance and keep interest rates on hold until it can observe "more definitive proof that inflation is really slowing."
Faucher outlines two critical factors that need to materialize for the Fed to achieve its inflation target: "slower growth in housing costs," which has not yet been reflected in the shelter component of inflation data. And second, weaker wage growth is necessary, as these two elements combined can guide markets "back to that 2% objective."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Видео Inflation: 2 things the Fed needs to see to cut rates канала Yahoo Finance
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Microsoft adds AMD AI chips to cloud computing productsStocks pull back from records after Dow touches 40,000 for first time | May 16 Yahoo FinanceStocks eye record highs as cooler inflation revives Fed rate cut hopes | May 15 Yahoo FinanceNetflix-NFL deal: The streamer's latest move into live sportsDow rallies over 40,000 on CPI. Is the Fed ready for rate cuts?Reddit CEO on first earnings report: A lot of things are 'starting to click'How families are affording childcare on a budgetChina unveils plans to revitalize its property marketBuffett's Berkshire Hathaway reveal $7B stake in ChubbIs Under Armour's Q4 revenue mismatched with its narrative?Why Walmart has the upper hand over Target: AnalystAmazon and Roku look to cut jobs, Russia-Ukraine grain deal extended, Starbucks workers go on strikeMilken Institute Global Conference: 2024 HighlightsAlphabet is leading the AI race, according to Goldman SachsPeloton's debt is a major concern. How are they managing it?The history of Warner Bros. Discovery, in 57 seconds #shortsHomebuilder confidence falls amid high mortgage ratesAI companies need to transition to creating 'tangible' outcomesIn a retirement savings crisis, defined benefit plans can help.Walmart stock pops as Q1 e-commerce sales jump 22%