Dollar Rises as Fed Could Pause After Cutting Rates Next Week
The dollar rose to its highest in more than two weeks against a basket of currencies. This came after stronger-than-expected U.S. producer price data on Thursday dampened prospects of U.S. interest-rate cuts,
Federal Reserve is likely to cut interest rates next week. Here's what that means for you
The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.
Fed expected to cut interest rates despite rising inflation. Here's why
The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed likely does not view a mild uptick of inflation this fall as enough to deviate from a path of rate cuts it laid out earlier this year, they added.
The Fed Is Poised to Cut Rates Next Week. But 2025 Is Another Matter.
The U.S. economy is in a pretty good place, and Fed officials don’t want to see restrictive monetary policy stall out growth.
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.
US data has Fed striding toward rate cut next week, and tip-toeing into 2025
Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention focused on policymakers' new economic projections released alongside the decision.
Moody's Economist Says December Fed Rate Cut 'May Not Be The Most Prudent'
The Fed’s preferred measure of inflation, the personal consumption expenditures index, is still above the 2% target set by the Fed. PCE was 2.3% higher this October than a year earlier, with the Bureau of Economic Analysis set to release November’s PCE numbers two days after the Fed’s next meeting on Dec. 18.
Week Ahead for FX, Bonds: Fed Expected to Cut Interest Rates in Busy Week for Central Bank Decisions
A decision by the U.S. Federal Reserve will be the highlight of a busy week for central-bank decisions. Other interest-rate decisions are due from Japan, the U.K., Norway and Sweden.
What to Expect From Next Week's Federal Reserve Meeting on Interest Rates
Key Takeaways The Federal Reserve is widely expected to cut its key interest rate on Wednesday, but plans for future cuts are much more up in the air.Fed officials could give some insight into how the central bank is digesting recent economic data showing stubborn inflation and a resilient but still-cooling labor market.
Fed officials advocate for ‘caution’ and slower rate cuts next year as Trump prepares to take office
Experts say Trump’s potential policies, including his tariff proposals, could do much to impact the economy and the Fed’s ...
Fed to Cut Once More Before Slowing Pace in 2025, Economists Say
Federal Reserve officials will lower interest rates this month for a third straight time and pare back the number of rate ...
Stock market today: Dow logs 7-day losing streak as stock wobble, yields jump before Fed meeting
Ed Yardeni said the Fed could move forward with a hawkish interest rate cut next week after sticky inflation data.
Economists anticipate slower rate cuts in 2025
One more slash to interest rates could be coming next week, but sticky inflation could lead to tough decisions for the ...
Morning Bid: Wall St near records as central banks end 2024 with rate cuts
Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching ...
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 ...