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.
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal Reserve will reduce the federal funds rate on Dec. 18.
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?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
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.
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.
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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 ...