'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.
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
Federal Reserve to announce potential rate cut decision Thursday
Prognosticators anticipate the Federal Reserve on Thursday will announce a second rate cut after lowering the federal lending rate by 0.5% in September.
Federal Reserve Cuts Key Interest Rate For A Second Consecutive Meeting
The Fed lowered its key interest rate by a quarter point to 4.75%. TD Asset Management's Alex Gorewicz shares his views on the decision and the implications of the US elections on Fed policy
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
What November’s Fed Rate Cut Means for Mortgage Rates and Potential Homebuyers
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming months.
Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
Rising Treasury Yields Raise Doubts About Another Fed Rate Cut
Fed funds futures are still leaning into expectations that the Federal Reserve will reduce its target rate next by a quarter point, but the related confidence of the forecast is slipping.
CBS News on MSN5d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months ...
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
CNET on MSN5d
Why You Should Care About the Fed's Interest Rate Decision Today
Here's a quick primer on interest rates and what you need to know about today's Fed decision. The Fed meets eight ...
Yahoo Finance5d
How the Federal Reserve rate decision affects mortgage rates
It's possible the central bank will cut the rate again in December, but that decision is by no means set in stone — especially as the Fed waits to see how Trump's victory in the presidential ...
The Associated Press on MSN5d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals ...
AOL6d
The Fed rate cut: 5 ways lower rates will affect your wallet
The Federal Reserve continued its rate-cutting trajectory today with a quarter-point reduction to its federal funds rate, following September's aggressive half-point cut. These back-to-back cuts ...