Mexico’s inflation exceeds market expectations as restaurant, hotel, and food costs surge

Working natural gas in storage across the United States increased by 69 billion cubic feet in the week ending November 1 compared to the previous seven-day period to reach 3,932 ...

Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee’s 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/2 to 4-3/4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to suppo post: FED STATEMENT COMPARE pic.twitter.com/uP0UJGndiT post: FED: VOTE IN FAVOR OF POLICY WAS UNANIMOUS post: *FED REMOVES REFERENCE TO GAINING CONFIDENCE ON INFLATION post: *FED: LABOR MARKET CONDITIONS HAVE ‘GENERALLY EASED’