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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
Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal Reserve will reduce the federal funds rate on Dec. 18.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
ECB cuts rates 25 basis points
ECB Cuts Rates Again to Boost Flagging Growth. What to Know.
The third cut in as many meetings comes as President-elect Donald Trump’s threatened tariffs loom large for the eurozone economy.
ECB cuts rates again and keeps door open to further cuts
The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to more easing as the euro zone economy is dragged down by political instability at home and the threat of a fresh U.
European Economic News Preview: ECB To Lower Rates Again
The monetary policy announcements from the European Central Bank and the Swiss National Bank are the top events due on Thursday. The
ABC News
8h
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 ...
1h
Wall Street hopes rate cuts will force clients out of cash in 2025
Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to ...
1d
Traders Play Rate-Cut Guessing Game Ahead of Trump White House Return
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 ...
1d
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 ...
6h
Stock market today: Dow, S&P 500, Nasdaq futures edge lower with rate cuts front of mind
Investors get the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December ...
15h
on MSN
Rupee to hover near record low as dollar shrugs heightened Fed rate cut odds
The Indian rupee is likely to open marginally lower and hover close to its all-time low on Thursday, after U.S. inflation ...
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