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.
BENGALURU (Reuters) - The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of ...
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Chair Jerome Powell will be allowed to finish ...
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue ...
A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest ...
Investors are now betting that a December interest-rate cut is all but guaranteed. Traders ramped up bets the Federal Reserve will lower rates next week, following November's consumer inflation report ...
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
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