Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
Market expects a December rate cut
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...
Today's Mortgage Rates | Rates Are Down Slightly, but Affordability Remains an Issue
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we won't see them fall substantially ...
December Rate Cut Still Up For Debate: US Fed Official
A December interest rate cut is still up for debate, a senior US Federal Reserve official said Tuesday, suggesting that another rate reduction is not a foregone conclusion.
Dollar Edges Lower After Remarks From Fed's Waller
The dollar was edging lower as investors price in a higher chance of a Federal Reserve interest-rate cut this month following ...
Stock Market Today: Investors Raise Bets on December Rate Cut
South Korea's won tumbles against the dollar after President Yoon declares martial law ...
Stock market today: Indexes eke out another record close as traders brace for new economic data
The S&P 500 and the Nasdaq managed to secure another record close after struggling for direction in much of Tuesday's session ...
US labor market steadily cooling amid higher job openings, low layoffs
U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an ...
Fed policymakers steer clear of December rate-cut guidance
Two Federal Reserve policymakers on Tuesday said they believe inflation is heading down to the U.S. central bank's 2% target ...
December interest rate cut depends on inflation, Fed official says
A top Federal Reserve board member said Monday he’s likely to support an interest rate cut when the Fed meets in two weeks, ...
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 ...
Fed's Daly: 'Open mind' about December, but direction of interest rates is down
The Federal Reserve's benchmark rate is going to continue to move lower over time, regardless of what the central bank decides to do at its December meeting, San Francisco Fed President Mary Daly said ...