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.
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.
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.
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.
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.
Fed’s Waller Leans Toward Favoring December Rate Cut
Federal Reserve governor Christopher Waller said he was leaning toward favoring a cut in interest rates at the central bank’s meeting later this month, though he also said he could be open to arguments for holding rates steady.
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.
Citigroup Joins Wall Street Peers in Forecasting 25 Bps Rate Cut by Fed in December
Major brokerages including Morgan Stanley and Goldman Sachs have reiterated their expectation of a 25-basis-point interest ...
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 ...
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 ...