Economists Expect U.S. Inflation to Hit Fed's 2% Goal Early in 2025

The recent survey also predicts that the federal funds rate will reach 3%-3.25% by the end of next year.

By Vince Golle & By Dana Morgan | September 27, 2024 at 11:01 AM

Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C., on August 21, 2024. Photographer: Ting Shen/Bloomberg.

Economists see U.S. inflation reaching the Federal Reserve's target early next year while the unemployment rate picks up slightly, closely following the central bank's own updated projections released last week.

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Trudeau Government Has Likely Blown Past Fiscal Anchor

By Erik Hertzberg | November 19, 2024

Facing pressure from economists to restrain government spending, Canada’s Finance Minister promised to hold the FY2023-24 deficit below C$40.1 billion, but the country’s parliamentary budget officer now expects to run a C$46.8 billion deficit this fiscal year.

Trudeau Government Has Likely Blown Past Fiscal Anchor

Yields on New China Dollar Bonds Fall Below Treasuries in Debut

By Ameya Karve, Finbarr Flynn and Lorretta Chen | November 18, 2024

Chinese investors’ enthusiasm is helping China’s dollar bonds trade at lower yields than U.S. Treasuries—a historical anomaly because the U.S. securities have historically been considered the safest of investments.

Yields on New China Dollar Bonds Fall Below Treasuries in Debut

‘Rates Will Be a Lot Lower’ in 12 to 18 Months

By Catarina Saraiva and Laura Curtis | November 18, 2024

Chicago Federal Reserve President Austan Goolsbee says that although the Fed will take its time reducing interest rates, the end result will be much lower rates if inflation stays near the Fed’s target.

‘Rates Will Be a Lot Lower’ in 12 to 18 Months

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