Fed officials wary of inflation risks as they weigh more rate cuts
Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last week's quarter-percentage-point rate cut, will go ahead with another reduction in borrowing costs at its Dec. 17-18 meeting.
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
'Fed still set to cut rates despite inflation' - 13 Nov 2024
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
TSX opens higher as US data reinforces Fed rate cut hopes
Canada's main stock index opened higher on Wednesday, helped by energy shares, after the U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. At 9:31 a.m. ET (14:31 GMT),
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation.
Fed’s Schmid Says Uncertain About How Far Rates Should Fall
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...
New York Fed's open market trading operations to upgrade to FedTrade Plus
And the platform will offer an intuitive interface to simplify the trade submission process. the New York Fed said. Mock ...
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
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Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
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Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari ...
A Potential Fight Over the Fed’s Future Ramps Up
As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ...
Fed has room to continue to cut as monetary policy is still restrictive, says Annex's Brian Jacobson
Brian Jacobson, Annex Wealth Management chief economist, joins CNBC's 'Power Lunch' to discuss reactions to the latest CPI ...
Stock market today: Dow, S&P 500, Nasdaq rise as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price ...