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Fed Leans Toward A Dec. Interest Rate Cut
US jobs data cements Fed rate cut this month as debate turns to 2025 outlook
By Howard Schneider, Ann Saphir CHICAGO/PALO ALTO, California (Reuters) -Federal Reserve officials appear more likely to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
Hammack Says Fed ‘At or Near’ Point of Slowing Rate Cuts
Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are “at or near” the point where the central bank should slow the pace of interest-rate reductions, citing a strong economy and still-elevated inflation.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
World stocks are mixed ahead of a key US jobs report
Stock market today: Indexes rise as rate-cut odds edge up after jobs report
US employers added more jobs than expected in November, bouncing back after October's dismal reading. Stocks rose and yields slumped Friday morning.
Stock Market Today: Asian Stocks Are Mixed After Wall Street Falls Ahead of Key US Jobs Report
Asian Stocks Are Mixed After Wall Street Falls Ahead of Key US Jobs Report HONG KONG (AP) — Asian stocks were mixed Friday after Wall Street retreated from record highs as investors awaited a U.S. jobs report due later in the day.
Stock Market Today: Stocks lower with November jobs report on deck
Stocks drifted lower on Thursday, with a big decline for UnitedHealth Group UNH dragging the Dow Jones Industrial Average 250 points into the red, as markets pullback back from th
21h
on MSN
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
19h
on MSN
Gold may hit new record next year as Fed reduces rates, Macquarie says
Gold futures fell Thursday as U.S. Treasury yields firmed after the release of weekly jobless claims data, while markets ...
1d
on MSN
South African rand firms as markets look to Fed rate cut
South Africa's rand strengthened on Thursday on expectations of an interest rate cut by the U.S. Federal Reserve later this ...
1d
on MSN
Powell Addresses Shadow Chair Proposal, Reiterates the Fed Isn’t in a Rush to Cut Rates
Speaking at a summit Wednesday afternoon, Powell also reiterated recent remarks that the Fed is in no rush to further lower ...
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