Fed Rate Cuts Look Nailed on After Inflation Data, Market Faces 2025 Disappointment. And 5 Other Things to Know Today.
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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 gives Fed green light for rate cut in December
Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate cuts – but not quite yet. Read more at The Business Times.
CPI Inflation report builds on case for December Fed interest rate cut
U.S. inflation ticked higher in November while core price pressures held at multiyear lows, potentially completing the picture for the Federal Reserve's end-of-year interest-rate decision next week. The Commerce Department said its headline Consumer Price Index for November was pegged at an annual rate of 2.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Rising Inflation Unlikely To Derail December Fed Cut
Overall inflation rose 2.7% on an annual basis in November, matching consensus estimates, and marking the third consecutive month of accelerating prices after they rose 2.4% in September and 2.6% in October.
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday’s jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.
Fed's Hammack says time to slow rate cuts may have arrived
In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her options open when it comes to the central bank’s next policy meeting, as broader economic conditions continue to argue for a slowdown in the pace of 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.
Treasury yields drop after November CPI report solidifies December rate cut
U.S. government debt rallied Wednesday morning, pushing most yields lower, after November’s consumer-price index came in as expected and helped to solidify expectations for another rate cut by the Federal Reserve next week.
November CPI In Line, Fed Expected To Cut Rates Next Week
Financial markets reacted positively to November CPI report, fueling expectations of a Fed rate cut next week. Click for my full analysis of the inflation report.
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 ...
Will Today’s PPI Push Fed to Match SNB’s Bold Rate Cut After ECB Takes Its Turn?
Global central banks signal easing shift as SNB doubles rate cut expectations, ECB prepares fourth 2024 cut, and Fed awaits ...
Sticky inflation gives Fed green light for December, yellow for 2025
Investors still widely expect the Fed to cut rates by a quarter percentage point next week. Read more at straitstimes.com.