Federal Reserve officials signal cautious path for rate cuts amid still-high inflation.

The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary pressures despite Fed efforts.

The Federal Reserve was expected to lower its key interest rate later that month, and Doolittle and his partner hoped the cut would drive down mortgage rates even further. The wait cost them.

In the context of various potentially reflationary factors brewing for 2025, the outlook for ramping up money supply growth could be ill-timed for Fed’s plans to manage inflation pressures.