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Firmer Nov. Inflation Won’t Derail a Fed Rate Cut
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut.
Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
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.
1h
A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025
A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest rates again next week, but some central bank watchers believe the Fed will ...
1h
Inflation report shows moderate increase; Fed likely to continue rate cuts as Biden administration touts economic legacy
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue ...
Pensions&Investments
2h
November CPI gives Fed ‘green light’ for December rate cut, say asset managers
Jeff Schulze, head of economic and market strategy at ClearBridge Investments, commented that the November CPI numbers should ...
CNET
2h
Prices Rise Again Slightly in November. Will Grinchy Inflation Steal the Gift of Lower Interest Rates?
At least, that seems to be the case, given the latest Consumer Price Index report, released today by the Bureau of Labor ...
18h
Bond Traders Trim Long Bets Before CPI Data Seen as Key for Fed
Bond traders are taking chips off the table, opting for a more neutral stance before Wednesday’s US consumer-price data, ...
5h
on MSN
Analysts rework interest rate cut forecasts for 2025
If you’ve been searching to buy a new home, car, or staring at your credit card balance wondering why it’s growing faster ...
3h
Traders Play Rate-Cut Guessing Game Ahead of Trump White House Return
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
14h
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
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