Fed seen on track for 25-basis-point rate cuts next week and in December
Data earlier this week showed inflation by the Fed's targeted measure running at 2.1% in September, just a notch above its 2% goal, though sticky underlying price pressures are expected to keep U.S. central bankers wary of declaring victory too early.
Mortgage rates have risen and while this dinged housing demand ... “The absence of an upside surprise leaves the Fed on ...
Federal Reserve Chair Jerome Powell said Thursday that inflation data show that the U.S. has made “significant progress” on bringing down inflation down the bank’s 2% target. The Federal Reserve’s ...
Investing.com -- The road ahead for a December rate cut remains in place as recent comments from Fed members signal that policy is still in restrictive territory, UBS said in a Wednesday note.
That has helped push Treasury yields higher, promising higher borrowing costs all around. The report appears to keep the ...
A weak October employment report keeps Federal Reserve officials on track to cut interest rates by a quarter point when they meet next week and gives them room to continue lowering borrowing ...
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
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