Global shares, greenback rise as inflation data reinforce rate cut expectations
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal Reserve cutting interest rates later this month. The dollar hit a two-week high,
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.
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.
Gold advances as inflation data fuels Fed rate cut optimism
Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood of a Federal Reserve rate cut next week, while investors awaited U.S. Producer Price Index (PPI) data for further direction on monetary policy.
US Inflation in Line With Forecasts Solidifies Bets on Fed Cut
US consumer prices rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.
Traders Raise Bets on December Rate Cut After CPI Report
Investors are now betting that a December interest-rate cut is all but guaranteed. Traders ramped up bets the Federal Reserve will lower rates next week, following November's consumer inflation report.
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.
Bond Investors Await Inflation Data That Could Sway Fed Choice
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal Reserve officials cut or hold interest rates next week.
Stocks mostly rise as US inflation data boosts rate cut hopes
US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.
November CPI: Second Consecutive Inflation Increase, Not Cause For Concern
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what ...
Jobs rebound 'doesn't change the narrative' for Fed rate cut this month
The rebound in the job market announced Friday is likely to keep the Federal Reserve on track to cut interest rates by ...
Chris Waller targets 11th Group 1 of the season with Democracy Manifest in the Northerly Stakes
Trainer Chris Waller says Democracy Manifest is “thriving” in the west and just needs a slice of luck to continue his ...
Live updates: Donald Trump, Gov. Ron DeSantis at memorial for fallen PBSO deputies in West Palm
Law-enforcement officials, spiritual leaders and a congressman are all poised to participate in Tuesday's memorial service ...
Ahead of Powell, economists see good chance of December cut
Ahead of Fed Chair Powell's remarks, economists see a good chance of a December rate cut. "We still aren't seeing any resistance to a December rate cut," said Timothy Duy, chief U.S. economist at SGH ...
MNI9d
MNI: Fed's Waller Leans Toward Another Cut At December Meeting
Federal Reserve Governor Chris Waller said Monday that slowing inflation and a moderating but still-solid economy has him ...