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Nov. inflation increase won't derail Fed interest rate cuts
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
Inflation Isn’t Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway.
Fed-funds futures now point to a nearly 100% chance that Fed officials opt for another quarter-point cut next week.
Latest Rise In Consumer Inflation Is Not Going To Stop Fed Rate Cuts
Consumer inflation accelerated in November to 2.7% from 2.6% and core CPI was sticky at 3.3%. But a December Fed rate cut still looks like a sure thing.
1d
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
American Banker
1d
Inflation in focus as bank investors ponder Fed's next move
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower ...
2d
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 ...
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