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Nov. inflation increase won't derail Fed interest rate cuts
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
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.
Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
21m
on MSN
Dollar steady despite rate cut bets; Aussie bounces after jobs data
The U.S. dollar traded in a narrow range on Thursday even as investors ramped up bets that the Federal Reserve will cut ...
16h
A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025
A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest ...
19h
Traders Play Rate-Cut Guessing Game Ahead of Trump White House Return
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
24m
on MSN
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S.
14h
CPI Report: Core Inflation Sticky But Fed Rate Cut A Virtual Lock; S&P 500 Aims For Record
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next ...
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 ...
5h
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a ...
10h
on MSN
Why former Dallas Fed president Richard Fisher sees no reason for December rate cut
Richard Fisher, former Dallas Fed president, joins CNBC's 'Closing Bell' to discuss whether the Fed should cut interest rates ...
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