ECB, Fed Are Both Expected to Cut Rates. But Their Economies Have Very Different Outlooks.
President-elect Donald Trump's tariffs and political crises in France and Germany have darkened the outlook for the euro area.
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.
Most Gulf shares rise on Fed rate-cut bets; Saudi extends loss
Most stock markets in the Gulf ended higher on Thursday, in step with a global equity rally after U.S. consumer inflation data cemented bets of a Federal Reserve interest-rate cut next week.
CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.
Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
Progress on inflation stalled in November as prices rose
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
US wholesale inflation surged higher in November
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers.
Traders add to bets the Fed will keep cutting rates next year
Traders of interest-rate futures that settle to the Federal Reserve's policy rate added to bets the central bank rate will cut borrowing costs next week and follow up next year with further reductions,
Muted wholesale inflation report likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin of a widely expected reduction in interest rates next week. The less volatile core measure of the producer price index rose a scant 0.
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Most Gulf markets track global shares higher on Fed rate cut bets
Most stocks markets in the Gulf were up in early trading on Thursday in tandem with a rally in global equities after a U.S.
Investors Shouldn’t Count on Much Help From the Fed Next Year
That shouldn’t be ruled out. Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising ...