Wednesday’s reading on U.S. inflation sets the Federal Reserve up to cut interest rates next week, but the Fed may pause its rate-cutting cycle at its first policy meeting next year, according to ...
Federal Reserve officials acknowledged at their November meeting that, while the economy was doing better than expected, inflation was taking a little longer to come down to their preferred level ...
Traders in the federal-funds market were pricing in a near certain probability that the Federal Reserve will cut interest rates this month, as they assessed the latest report on U.S. inflation. Fed-fu ...