Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
ECB, Fed Are Both Expected to Cut Rates. But their Economies Have Very Different Outlooks.
President-elect Donald Trump's tariffs and political crises in France and Germany have darkened the outlook for the euro area.
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.
Fresh inflation data set to arrive as Fed weighs rate cuts
Fresh inflation data set for release on Wednesday will provide an update on prices ahead of the holidays and help determine the outcome of an interest rate decision at the Federal Reserve slated for next week.
Firmer November Inflation Won’t Derail a Fed Rate Cut
There wasn’t much progress in cooling inflation in November, but that likely won’t stop the Federal Reserve from lowering interest rates next week. The consumer price index was up 0.3% month over month in November after rising just 0.
Interest Rate Forecast: How Much More Will the Fed Cut?
According to CME FedWatch, a popular interest-rate probability tracker, there’s an 88% chance of a 25-point rate cut. A similar tool from the Federal Reserve Bank of Atlanta predicts a rate cut of that size is 80% likely. The tools predict a 14% and 18% likelihood, respectively, that rates will remain unchanged.
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Price growth ticked up in November as inflation progress stalls
The pace of price growth ticked up in November, a sign that efforts to cool inflation in the U.S. economy may be stalling.
Inflation ticked up in November as expected
In November, inflation sped up once again. The consumer price index increased 2.7% from a year ago as expected, higher than October's 2.6% rate and the highest reading since July, when the rate was 2.
US Inflation in Line With Forecasts Solidifies Bets on Fed Cut
US consumer prices rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.
A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025
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Traders Play Rate-Cut Guessing Game Ahead of Trump White House Return
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The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Fed-funds futures point to higher chance of Fed rate cut after CPI data
Traders in the federal-funds market were pricing in a near certain probability that the Federal Reserve will cut rates next week. Fed-funds futures pointed to an almost 98% chance that the Fed will de ...
Analysts rework interest rate cut forecasts for 2025
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Traders Raise Bets on December Rate Cut After CPI Report
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 ...
Gold Eyes $2,700 As Fed Rate Cut Looms, Geopolitics In Focus
Gold started the week on the offensive. The regime change and geopolitical developments in Syria coupled with Chinese ...