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Inflation, Fed

Hosted on MSN · 8h

Inflation Isn’t Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway.

Fed-funds futures now point to a nearly 100% chance that Fed officials opt for another quarter-point cut next week.

Fox Business · 11h

Chances of Fed rate cut rise despite higher November inflation report

The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.

CBS News · 11h

CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation

Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.

3h

Mortgage refinance demand surges 27% as interest rates drop for the third straight week

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...

5h

Home equity rates fall across the board ahead of the Fed’s next meeting

Chief among them: changes to the Federal Reserve’s monetary policy. New home equity loans and HELOCs are tied to the prime ...

16h

Bessent: Powell can serve out remainder of term as Fed chair

Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome ...

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 ...

1d

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January: Reuters poll

The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...

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