IMF: Fed should proceed cautiously in lowering rates

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August, after rising 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment. The index for shelter rose 0.4 percent in August and was ...

US Treasury Secretary Bessent met this week with Warsh, Lindsey, and Bullard as the Fed chief search continues - CNBC. US Treasury Secretary Bessent Will Add One or Two More Names to the Federal Reserve Chair Shortlist, CNBC Reports

ECB's Lagarde: Risks to economic growth are more balanced. ECB Pres Lagarde: Moderating Wage Growth To Keep Lid On Domestic Price Pressures - Core Inflation To Drop On Declining Labour Cost Pressures, Stronger Euro #ECB on Growth: *LAGARDE: RISKS TO ECONOMIC OUTLOOK MORE BALANCED *LAGARDE: HIGHER PUBLIC SPENDING, REFORMS WOULD ADD TO GROWTH *LAGARDE: GEOPOLITICAL TENSIONS REMAIN SOURCE OF UNCERTAINTY European Central Bank's Lagarde Says Disinflation is Over, Inflation is at Desired Level, and Domestic Economy Is Resilient MORE ECB'S LAGARDE: WE HAD A UNANIMOUS DECISION TO LEAVE ALL THREE INTEREST RATES UNCHANGED TODAY #europeancentralbank #ecb #christinelagarde #monetarypolicy #inflation #interestrates