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New Inflation Data Cements a Fed Cut Next Week
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.
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Mortgage rates could still fall if economic data weakens and the Fed continues cutting interest rates. But that's a big "if." Lately, progress has stalled on getting inflation dow
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.
ABC News
10h
Fed expected to cut interest rates despite rising inflation. Here's why
High interest rates, after all, are the main tool the
Fed
has used to ratchet inflation down from its pandemic-era heights.
12h
Most Gulf markets track global shares higher on Fed rate cut bets
Most stocks markets in the Gulf were up in early trading on Thursday in tandem with a rally in global equities after a U.S.
1d
Fed meeting outlook: Traders predict quarter-point rate cut
Upcoming FOMC meeting scheduled for Dec. 18 is expected to bring lower interest rates in the U.S., which should help boost ...
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