Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.
Armed with consumer and wholesale inflation reports, Wall Street economists predict the Federal Reserve’s favorite price gauge will show just a mild increase in November and justify an interest-rate cut.
Inflation May Prove Stickier, Making Deeper 2025 Rate Cuts Less Likely
The Federal Open Market Committee started cutting interest rates in September and that process looks set to continue.
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.
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.
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.
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.
Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus
Investors got the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December rate cut.
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.
Fed Rate Cuts Look Nailed on After Inflation Data, Market Faces 2025 Disappointment. And 5 Other Things to Know Today.
Tesla stock hits a record high, Exxon Mobil outlines extensive investments over next 6 years, and more news to start your day.
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Mortgage rates could still fall if economic data weakens and the Fed continues cutting interest rates. But that's a big "if." Lately, progress has stalled on getting inflation dow
ECB Cuts Rates Again to Boost Flagging Growth. What to Know.
The third cut in as many meetings comes as President-elect Donald Trump’s threatened tariffs loom large for the eurozone ...
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Fed expected to cut interest rates despite rising inflation. Here's why
High interest rates, after all, are the main tool the Fed has used to ratchet inflation down from its pandemic-era ...
Wall Street hopes rate cuts will force clients out of cash in 2025
Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to ...
A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025
A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest ...
ECB Slightly Lowers Growth, Inflation Outlook
The European Central Bank on Thursday lowered its growth expectations for the medium term and cut its predictions for inflation.
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 ...