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Traders bet on Fed Dec. rate cut
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
After inflation report, federal-funds futures point to higher chance of December rate cut
Shortly after a fresh inflation report, federal-funds futures showed an increased probability that the Federal Reserve will lower its benchmark interest rate in December. The probability of a quarter-percentage point cut by the Fed next month rose to 75.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
Fed 'in position' to respond to risks
Federal Reserve Officials Say They're in ‘Good Place’ to Respond to Economic Changes
While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ‘good place’ to respond to any economic developments.
Barkin Says Fed in Good Place to Respond to Evolving Economy
Federal Reserve Bank of Richmond President Thomas Barkin said the economy is in a good place, which has allowed the US central bank to lower borrowing costs.
Fed 'in position' to respond to risks as needed, Barkin says
With inflation close to the Federal Reserve's 2% target, the labor market resilient, and the U.S. central bank in the process of lowering borrowing costs, policymakers are ready to respond if inflation pressures rise or the job market weakens,
CBS News on MSN
6d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The
Federal
Reserve
on Thursday made its second rate cut of this year ... The Fed is expected to continue cutting rates ...
5d
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
6d
on MSN
The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you
The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, ...
CBS News on MSN
6d
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...
7d
on MSN
Federal Reserve Meeting: Updates and Commentary
In the wake of the November 5 election, the Federal Reserve is having its next scheduled meeting. In September, the Fed cut ...
6d
Fed Meeting Live Updates: Powell discusses latest rate cut, inflation and Trump
Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve. With ...
Investopedia on MSN
9d
Why The Federal Reserve is Likely to Cut Interest Rates This Week
The Fed is widely expected to cut its key interest rate by a quarter percentage point on Thursday, at the conclusion of the ...
3d
Federal Reserve Cuts Key Interest Rate For A Second Consecutive Meeting
The Fed lowered its key interest rate by a quarter point to 4.75%. TD Asset Management's Alex Gorewicz shares his views on ...
AOL
7d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The
Federal
Reserve
meets for its eighth and final two-day rate-setting session of 2024 on Tuesday, December 17, and Wednesday, December 18, 2024. At the end of its
Federal
Open Market Committee ...
Forbes
6d
November Fed Meeting
In September,
Federal
Reserve
officials projected two additional 0.25 percentage point rate cuts in 2024, suggesting ...
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