The Federal Reserve meeting decision looms Wednesday afternoon, with the a hawkish Fed rate-cut expected. The stock market rally saw continued weak breadth. The Nasdaq dipped from record highs ...
The dollar index has climbed 3% since the election, reflecting reduced confidence in aggressive Fed cuts. FedWatch shows a 59.1% probability of a December rate cut, down from 82.5% last week.
The Federal Reserve will end its two-day November meeting on Thursday afternoon, and investors are all-but-certain that policymakers will decide to cut interest rates by a quarte ...
It's the central bank’s third rate cut of 2024. The move reduces the Fed's target rate to between 4.25% and 4.5%. In its statement announcing the cut, the Fed now projects just two interest rate cuts ...
While the Fed's rate cut can help stimulate buyer demand and the opportunity to potentially benefit from higher selling prices, inflation still looms in many other areas of daily life. Add in ...
That has made economists more confident that the Federal Reserve will serve up another interest-rate cut later this month. "The CPI print confirms the market consensus of another 25bps rate cut ...
Traders in the federal-funds market were pricing in a near certain probability that the Federal Reserve will cut ... Fed will decide at its policy meeting this month to lower its benchmark rate ...
The Fed is widely expected to deliver a 25-basis-point interest rate cut at the end of its two-day policy meeting on Wednesday, with markets pricing in a 97% probability, according to the CME’s ...
Yet it’s clear that the No. 1 concern for Powell and his colleagues as 2025 looms is the same ... a month later when the Fed pulled the trigger on its first rate cut since 2020.
But don't pop the champagne just yet. Fed Chair Jerome Powell might rain on the party with hawkish comments, signaling a cautious stance on rate cuts for 2025. Analysts say Powell's tone could rattle ...
"The Fed increased its core inflation forecast and adjusted the dot plot; so rate cuts are being priced out and I think we have one more rate cut priced in for next year and that's less than it ...
USD is firmer versus most G10 currencies, but the tone is consolidative. US index futures are trading firmer. Investors, ...