Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
"These developments chip away at our confidence the Fed will cut in [December] without giving us any more confidence a skip ...
Fed's December rate cut looks increasingly like a toss-up
By Ann Saphir and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) -Citing worries about inflation and signs of relative ...
Odds of Fed rate cut in December on knife's edge as hawks, doves face off
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this ...
2 Federal Reserve officials oppose an interest rate cut in December
WASHINGTON (AP) — Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central ...
Fed to cut rates again in December on weakening job market, say most economists: Reuters poll
The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor ...
Fading chance of December interest rate cut sends stocks tumbling
Stocks tumbled on Thursday as chances of a December rate cut appeared to fade. As of 2:42 p.m. ET, the S&P 500 was down more ...
Fed's Powell Raises Doubts About Another Rate Cut
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 3.75% to 4.00% range. Read more here.
Gold soars past $4,200 as investor hopes of December interest-rate cut
Gold prices climbed to a three-week high Thursday, topping $4,200 an ounce as investors hoped the Fed would cut interest ...
Magnificent Seven’s reign rolls on as Powell puts chill on rate-cut hopes
Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms and Tesla now boast a combined market value north of $22 trillion.
Federal Reserve cuts key rate yet Powell says future reductions are not locked in
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell ...
Powell shocks markets as Fed signals pause on interest rate cuts
Fed Chair Jerome H. Powell shot down those suppositions in a press conference after the FOMC meeting, which showed a surprising divide among the committee members. The Consumer Price Index (the only ...