Traders stick with December rate-cut view after Powell speaks
Fed-funds futures traders continued to cling to the likelihood of a quarter-point rate cut at the Federal Reserve's next meeting in two weeks, even after Fed Chair Jerome Powell said officials can be ...
Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Market expects a December rate cut
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...
Today's Mortgage Rates | Rates Are Down Slightly, but Affordability Remains an Issue
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we won't see them fall substantially ...
December Rate Cut Still Up For Debate: US Fed Official
A December interest rate cut is still up for debate, a senior US Federal Reserve official said Tuesday, suggesting that another rate reduction is not a foregone conclusion.
Dollar Edges Lower After Remarks From Fed's Waller
The dollar was edging lower as investors price in a higher chance of a Federal Reserve interest-rate cut this month following ...
Inflation Worries Keep Fed Officials Cautious Ahead of December Meeting
With a Federal Reserve meeting coming up later this month, officials are preparing for debate over whether it's time to ...
Stock Market Today: Investors Raise Bets on December Rate Cut
South Korea's won tumbles against the dollar after President Yoon declares martial law ...
Stock market today: Indexes eke out another record close as traders brace for new economic data
The S&P 500 and the Nasdaq managed to secure another record close after struggling for direction in much of Tuesday's session ...
US labor market steadily cooling amid higher job openings, low layoffs
U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an ...
Fed policymakers steer clear of December rate-cut guidance
Two Federal Reserve policymakers on Tuesday said they believe inflation is heading down to the U.S. central bank's 2% target ...