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Nov. inflation increase won't derail Fed interest rate cuts
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 Isn’t Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway.
Fed-funds futures now point to a nearly 100% chance that Fed officials opt for another quarter-point cut next week.
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.
CNET
9h
Why Labor Data Matters for Mortgage Rates and the Fed
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
10h
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 ...
3h
on MSN
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a ...
15h
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 ...
16h
Traders Raise Bets on December Rate Cut After CPI Report
Investors are now betting that a December interest-rate cut is all but guaranteed. Traders ramped up bets the Federal Reserve will lower rates next week, following November's consumer inflation report ...
3h
on MSN
Rupee to hover near record low as dollar shrugs heightened Fed rate cut odds
The Indian rupee is likely to open marginally lower and hover close to its all-time low on Thursday, after U.S. inflation ...
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