Fed seen poised to cut rates this month, debate 2025 pause
By Howard Schneider and Ann Saphir CHICAGO/PALO ALTO, California (Reuters) - Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
Fed Official Says the Time for a Pause in Rate Cuts Seems Near
For many investors, Friday's jobs report confirmed expectations that the Federal Reserve is on track to cut interest rates
Cleveland Fed Pres Hammack says Fed ‘at or near’ point of slowing rate cuts
Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are “at or near” the point where the central bank should slow the pace of interest-rate reductions, citing a strong economy and still-elevated inflation.
The Fed might not cut interest rates at all in 2025, Deutsche Bank economist says
"Unemployment is going to come down, growth is going to come up, inflation is going to come up," Deutsche Bank's chief US economist said.
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Bowman Says Fed Should Proceed ‘Cautiously’ With Rate Cuts
Federal Reserve Governor Michelle Bowman reiterated that she prefers to lower interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2% goal.
Will fed's rate cuts signal lower car loan rates ahead?
With car prices and loan rates high, buyers hope Fed rate cuts will lower car loan payments, easing financial strain.
Why Powell and the Fed should pause interest-rate cuts in December
One key reason given by Fed officials for continuing to lower rates is that they are now “restrictive,” or so high that t
US jobs data cements Fed rate cut this month as debate turns to 2025 outlook
By Howard Schneider, Ann Saphir CHICAGO/PALO ALTO, California (Reuters) -Federal Reserve officials appear more likely to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
U.S. jobs data cements Federal Reserve rate cut this month
Federal Reserve officials appear more likely to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November, with a deeper debate to come next year over whether to pause further reductions in borrowing costs.
November jobs report: Gain of 227,000 keeps Fed on track to cut interest rates
The 227,000 increase in new jobs in November was inflated by workers returning to their jobs after a pair of major hurricanes and a strike at Boeing. Just how much? Some 30,000 of the "new" jobs were likely Boeing employees.
Fed Officials Flag Inflation Concerns Ahead of Meeting on Rates
A string of up-and-down inflation readings in the second half of 2024 have Federal Reserve officials feeling less confident ...
Here's what could happen with mortgage rates this December, according to experts
While mortgage rates don't look like they'll fall much throughout December, decreases are more likely over the next few years ...
USA Today3d
Fed minutes may show start of debate over how far to go on rate cuts
Capitalize on high interest rates: Best current CD rates Public commentary since ... If so, it may imply fewer Fed rate ...
InvestmentNews11h
Bets on continued Fed cuts grow with nod from Morgan Stanley
Traders are wagering the central bank won't pause in December and January as strategists from the bank recommend tactical ...
Why you should open a long-term CD before the December Fed meeting
The final Federal Reserve meeting of 2024 is set for 17. Here's why you should open a long-term CD before then.
Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Citigroup's revision came after data on Friday showed nonfarm payrolls rose by 227,000 jobs last month, following an upward ...
The Fed shouldn't cut rates as inflation is rising, markets are too frothy, JPMorgan Asset Management bond expert says
Traders see an 88% chance the Fed will cut rates another quarter-point in December, according to CME FedWatch.
Gold hits 2-week high on renewed China buying, Fed rate cut hopes
Gold prices hit two-week highs on Monday, climbing more than 1% on renewed buying of the metal by China's central bank ...