Fed's Waller says inclined at this point to cut rates

4 Smart Money Moves to Make Before the Fed Cuts Rates Again
Buffalo Bills wide receiver Amari Cooper pitches to Bills quarterback Josh Allen for an improvised hook-and-ladder touchdown. Did you know the US, the world’s top oil producer, still imports millions of barrels daily? Discover the surprising reasons behind this trend, from refining constraints to economic benefits.
Fed's Waller says inclined at this point to cut rates in December
Federal Reserve Governor Christopher Waller said on Monday he was inclined to cut the benchmark interest rate at the Dec. 17-18 meeting as monetary policy remained restrictive enough to keep putting downward pressure on inflation,
After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are rising back up again.
Deutsche Bank Chief US Economist Says Fed Will Stop Rate Cuts in 2025
Matthew Luzzetti, chief U.S. economist at Deutsche Bank, told Bloomberg TV he thought the Fed would do a 25-basis-point rate cut in December and then pause for the entirety of 2025. When asked what prompted his view, he mentioned two factors.
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
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 minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Wall Street sees 'slower' pace of Fed rate cuts in 2025
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in 2025, with the rate of unemployment ending the year at 3.9% (down from 4.1% currently) and the Fed's preferred inflation gauge, "core" Personal Consumption Expenditures (PCE), ending 2025 at 2.6%.
Here's How Much You Can Earn With the 3 Best Savings Accounts -- Even After Fed Rate Cuts
Don't give up on savings accounts. Even after Fed rate cuts, the best high-yield savings accounts are worth a look. See how much you can earn!
Dow trims decline as Fed's Waller tentatively backs December rate cut
The Dow Jones Industrial Average trimmed some losses from earlier, as Fed Gov. Christopher Waller said he was leaning toward supporting a rate cut at the central bank's meeting later this month. The Dow fell about 90 points,
Fed’s Waller Leans Toward Favoring December Rate Cut
Federal Reserve governor Christopher Waller said he was leaning toward favoring a cut in interest rates at the central bank’s meeting later this month, though he also said he could be open to arguments for holding rates steady.
Today's Mortgage Rates | Rates May Ease Next Year, But It Depends on the Fed
These are today's mortgage and refinance rates. Mortgage rates might not drop much this month, but they're expected to go ...
Profit outlook contradicts estimates for Fed rate cuts: Societe Generale
“Historically, when U.S. interest rates are cut by the extent expected by markets next year, U.S. profits decline by 10%, yet ...
Fed’s Goolsbee Argues for Rate Cuts Barring Signs of Overheating
Federal Reserve Bank of Chicago President Austan Goolsbee said he foresees the central bank continuing to lower rates toward ...
Wall Street weekly outlook: Jobs data set to pave way for rates path, stocks
Stocks are heading into December with the benchmark S&P 500 near record highs following an over 25% year-to-date gain.
Gold dips on firm dollar, inflation data sparks caution on Fed rate cuts
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...
Gold Steady With Fed Rate Path and Ukraine Risks in Focus
Gold was steady amid thin trading due to the Thanksgiving holiday in the US, with investors weighing the outlook for Federal ...
This Week In Credit Card News: Retailers Raised Their Card’s Interest Rates Before Fed Cuts
He recaps the top stories from the credit card and payment industries. Dozens of the largest U.S. retailers and their bank ...