Inflation Is Stuck. What That Could Mean for a December Fed Rate Cut.
The progress bringing down inflation has stalled out in recent months, and economists expect November to continue that trend. But unless last month’s price growth is markedly stronger than anticipated,
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Mortgage rates cool again ahead of the Fed’s December meeting
Mortgage rates are declining and could drop more by the end of the year, depending on what happens after next week's Federal Reserve meeting.
Inflation gives Fed green light for rate cut in December
Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate cuts – but not quite yet. Read more at The Business Times.
Why former Dallas Fed president Richard Fisher sees no reason for December rate cut
Richard Fisher, former Dallas Fed president, joins CNBC's 'Closing Bell' to discuss whether the Fed should cut interest rates to end the year, his take on the latest employment data, and more.
Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has now aligned with its peers in expecting a quarter point reduction at the central bank's December policy meeting.
Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
In short, the Fed is seeing the best of both worlds: an economy growing steadily with inflation headed toward its target, albeit maybe a little slower than had been anticipated. The Fed confirmed this Wednesday when it released its “beige book” survey of the U.S. economy, noting growth in the economy continued although hiring was subdued.
A top Fed official leans toward December rate cut but says it depends on economic data
WASHINGTON (AP) — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
Fed's Waller says he is inclined to cut rates in December
Federal Reserve Governor Christopher Waller said on Monday he was inclined to cut the benchmark interest rate at the Dec. 17-18 meeting as monetary policy remained restrictive enough to keep putting downward pressure on inflation,
Why Powell and the Fed should pause interest-rate cuts in December
The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate by another quarter of a percentage point on Dec. 18, and then pause at its first meeting in 2025.
Bitcoin reclaims six-figure mark as inflation data bolster December Fed cut odds
Bitcoin (BTC-USD) climbed past the six-figure mark once again on Wednesday, driven by inflation data that matched ...
Sticky inflation gives Fed green light for December, yellow for 2025
Investors still widely expect the Fed to cut rates by a quarter percentage point next week. Read more at straitstimes.com.
Gold hits 2-week peak on Fed rate cut optimism with inflation data looming
Gold prices extended gains on Tuesday, buoyed by top consumer China's pledge to ramp up policy stimulus to help spur economic ...