Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.
Armed with consumer and wholesale inflation reports, Wall Street economists predict the Federal Reserve’s favorite price gauge will show just a mild increase in November and justify an interest-rate cut.
Inflation May Prove Stickier, Making Deeper 2025 Rate Cuts Less Likely
The Federal Open Market Committee started cutting interest rates in September and that process looks set to continue.
Is the Federal Reserve Running Out of Reasons To Cut Interest Rates?
While the Federal Reserve is expected to cut its key interest rate next week, stubborn inflation could pressure the central bank to keep rate cuts few and far between next year.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
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.
Most Gulf shares rise on Fed rate-cut bets; Saudi extends loss
Most stock markets in the Gulf ended higher on Thursday, in step with a global equity rally after U.S. consumer inflation data cemented bets of a Federal Reserve interest-rate 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.
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.
Inflation ticked up again in November. Will the Fed cut rates next week?
Still, Barclays expects inflation to fall to 2.1% by spring before President-elect Donald Trump’s threatened tariffs on imports boost price increases back to 2.6% by the end of 2025, assuming he imposes the levies. Core inflation is expected to end next year at 3.1%, also virtually flat, Barclays predicts.
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Fed’s expected rate cut is giving stock traders cover in a choppy market
The S&P 500 rose this week on a CPI report that was in line with estimates, which analysts believe paves the way for a U.S.
ABC News11h
Fed expected to cut interest rates despite rising inflation. Here's why
High interest rates, after all, are the main tool the Fed has used to ratchet inflation down from its pandemic-era ...
Reuters20h
Traders add to bets the Fed will keep cutting rates next year
Dec 12 (Reuters) - Traders of interest-rate futures that settle to the Federal Reserve's policy rate added to bets the ...
ECB Cuts Rates Again to Boost Flagging Growth. What to Know.
The third cut in as many meetings comes as President-elect Donald Trump’s threatened tariffs loom large for the eurozone ...
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 ...
Wall Street hopes rate cuts will force clients out of cash in 2025
Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to ...