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Firmer Nov. Inflation Won’t Derail a Fed Rate Cut
Fed Rate Cuts Look Nailed on After Inflation Data, Market Faces 2025 Disappointment. And 5 Other Things to Know Today.
Tesla stock hits a record high, Exxon Mobil outlines extensive investments over next 6 years, and more news to start your day.
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.
Latest Rise In Consumer Inflation Is Not Going To Stop Fed Rate Cuts
Consumer inflation accelerated in November to 2.7% from 2.6% and core CPI was sticky at 3.3%. But a December Fed rate cut still looks like a sure thing.
1h
Rate cuts come thick and fast in Europe and Canada as Trump tariffs loom
Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps.
CNET
1d
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
With inflation still above target and job growth strong, bond market investors now expect fewer
Fed
rate
cuts
and ...
Wall Street Journal
3h
Heard on the Street: Don't Count on Fed Rate Cuts in 2025
Markets still expect two or three
rate
cuts
next year, but is that too optimistic? Economic momentum remains strong, inflation is stuck above the Federal Reserve's target, and the ...
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