Is the Federal Reserve Running Out of Reasons To Cut Interest Rates?
While the Federal Reserve is expected to cut its key interest rate next week, stubborn inflation could pressure the central bank to keep rate cuts few and far between next year.
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.
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.
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.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
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.
Fed rate cuts close to 'a coin toss' amid hot inflation: Economist
The Consumer Price Index (CPI) — the measurement of inflation in consumer goods and services prices — came out in line with November estimates, rising 0.3% month-over-month and 2.7% year-over-year. Core CPI,
Interest Rate Forecast: How Much More Will the Fed Cut?
According to CME FedWatch, a popular interest-rate probability tracker, there’s an 88% chance of a 25-point rate cut. A similar tool from the Federal Reserve Bank of Atlanta predicts a rate cut of that size is 80% likely. The tools predict a 14% and 18% likelihood, respectively, that rates will remain unchanged.
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday’s jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.
Inflation increased in November, complicating Fed's next rate decision
Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving pause to the Federal Reserve as it weighs an interest rate cut expected next week.
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.
Analysts rework interest rate cut forecasts for 2025
If you’ve been searching to buy a new home, car, or staring at your credit card balance wondering why it’s growing faster ...
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a ...
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Why Labor Data Matters for Mortgage Rates and the Fed
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
Fed meeting outlook: Traders predict quarter-point rate cut
Upcoming FOMC meeting scheduled for Dec. 18 is expected to bring lower interest rates in the U.S., which should help boost ...
Rupee to hover near record low as dollar shrugs heightened Fed rate cut odds
The Indian rupee is likely to open marginally lower and hover close to its all-time low on Thursday, after U.S. inflation ...
Traders Play Rate-Cut Guessing Game Ahead of Trump White House Return
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
Stock market today: Indexes slip as investors brace for November inflation report
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets eyeing another rate cut.
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 ...