Powell: Fed's 2025 Inflation Expectations at 2.5% Don't Contradict Rate-Cut Projections -- Market Talk

Dow Jones2024-12-19

1456 ET - Even if inflation gets down only to 2.5% next year, as the Fed's latest dot plot now suggests, the Fed may still cut rates next year because inflation would be moving in the right direction, Fed Chair Jerome Powell says. "We'd be seeing meaningful progress getting inflation down to that level," if 12-month core PCE inflation ends next year at 2.5%, Powell says, explaining why he believes inflation that remains above the Fed's target may still be compatible with further rate cuts. (matt.grossman@wsj.com; @mattgrossman)

(END) Dow Jones Newswires

December 18, 2024 14:56 ET (19:56 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492535341?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-19 03:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492535341","market":"hk","top_or_hot":-1,"title":"Powell: Fed's 2025 Inflation Expectations at 2.5% Don't Contradict Rate-Cut Projections -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1456 ET - Even if inflation gets down only to 2.5% next year, as the Fed's latest dot plot now suggests, the Fed may still cut rates next year because inflation would be moving in the right direction, Fed Chair Jerome Powell says. \"We'd be seeing meaningful progress getting inflation down to that level,\" if 12-month core PCE inflation ends next year at 2.5%, Powell says, explaining why he believes inflation that remains above the Fed's target may still be compatible with further rate cuts. (matt.grossman@wsj.com; @mattgrossman) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 18, 2024 14:56 ET (19:56 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell: Fed's 2025 Inflation Expectations at 2.5% Don't Contradict Rate-Cut Projections -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell: Fed's 2025 Inflation Expectations at 2.5% Don't Contradict Rate-Cut Projections -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-19 03:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1456 ET - Even if inflation gets down only to 2.5% next year, as the Fed's latest dot plot now suggests, the Fed may still cut rates next year because inflation would be moving in the right direction,...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492535341","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492535341","pubTimestamp":1734551760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1456 ET - Even if inflation gets down only to 2.5% next year, as the Fed's latest dot plot now suggests, the Fed may still cut rates next year because inflation would be moving in the right direction, Fed Chair Jerome Powell says. \"We'd be seeing meaningful progress getting inflation down to that level,\" if 12-month core PCE inflation ends next year at 2.5%, Powell says, explaining why he believes inflation that remains above the Fed's target may still be compatible with further rate cuts. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4096":"电气部件与设备"},"translate_title":"鲍威尔：美联储2025年通胀预期2.5%与降息预测并不矛盾——市场讨论","themeId":"7300bb9d0505b51b62f4eb6953bf5796","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US10Y.BOND":1,"US12M.BOND":1,"US2Y.BOND":1,"US30Y.BOND":1,"US3Y.BOND":1,"US5Y.BOND":1,"US6M.BOND":1,"US7Y.BOND":1},"content_text":"1456 ET - Even if inflation gets down only to 2.5% next year, as the Fed's latest dot plot now suggests, the Fed may still cut rates next year because inflation would be moving in the right direction, Fed Chair Jerome Powell says. \"We'd be seeing meaningful progress getting inflation down to that level,\" if 12-month core PCE inflation ends next year at 2.5%, Powell says, explaining why he believes inflation that remains above the Fed's target may still be compatible with further rate cuts. (matt.grossman@wsj.com; @mattgrossman) \n\n\n  (END) Dow Jones Newswires\n\n\n  December 18, 2024 14:56 ET (19:56 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492535341"}