US data has Fed striding toward rate cut next week, and tip-toeing into 2025
Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention focused on policymakers' new economic projections released alongside the decision.
Fed to cut rates next week, bringing an end to first phase of easing
The Federal Reserve is set to cut its benchmark interest rate by a quarter-percentage point next week, staying on the path it has laid out to slowly bring rates down even as the economic landscape shifts beneath its feet.
Federal Reserve is likely to cut interest rates next week. Here's what that means for you
The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.
Gold slips, but set for weekly rise on potential US Fed rate cut
Gold prices fell on Friday after bullion hit a more than five-week high in the previous session and as the U.S. dollar gained, but prices were on track for a weekly rise on expectations of a Federal Reserve rate cut next week.
Fed expected to cut interest rates despite rising inflation. Here's why
The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed likely does not view a mild uptick of inflation this fall as enough to deviate from a path of rate cuts it laid out earlier this year, they added.
Dollar Rises as Fed Could Pause After Cutting Rates Next Week
The dollar rose to its highest in more than two weeks against a basket of currencies. This came after stronger-than-expected U.S. producer price data on Thursday dampened prospects of U.S. interest-rate cuts,
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.
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.
Week Ahead for FX, Bonds: Fed Expected to Cut Interest Rates in Busy Week for Central Bank Decisions
A decision by the U.S. Federal Reserve will be the highlight of a busy week for central-bank decisions. Other interest-rate decisions are due from Japan, the U.K., Norway and Sweden.
What to Expect From Next Week's Federal Reserve Meeting on Interest Rates
Key Takeaways The Federal Reserve is widely expected to cut its key interest rate on Wednesday, but plans for future cuts are much more up in the air.Fed officials could give some insight into how the central bank is digesting recent economic data showing stubborn inflation and a resilient but still-cooling labor market.
Fed rate view in focus as robust stocks year draws to close
A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors ...
Global markets wobble as China’s plans fall flat, Fed rate cut looms
This synchronized slide comes in the wake of a Chinese economic conference that failed to ignite the hoped-for investor ...
Fed to Cut Once More Before Slowing Pace in 2025, Economists Say
Federal Reserve officials will lower interest rates this month for a third straight time and pare back the number of rate ...
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 ...
Fed officials advocate for ‘caution’ and slower rate cuts next year as Trump prepares to take office
Experts say Trump’s potential policies, including his tariff proposals, could do much to impact the economy and the Fed’s ...
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 ...