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Fed Leans Toward A Dec. Interest Rate Cut
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
Fed’s Musalem Says Time May Be Near to Slow or Pause Rate Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
3h
on MSN
ADP Jobs report data add to case for December Fed interest rate cut
Private-sector hiring continues to slow, but workers are finding pay increases for remaining in their current positions.
3d
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are ...
1d
on MSN
Gold prices inch higher on Fed rate optimism with US data due
Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could ...
3d
on MSN
Profit outlook contradicts estimates for rate cuts: Societe Generale
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.
4d
Wall Street weekly outlook: Jobs data set to pave way for rates path, stocks
Stocks are heading into December with the benchmark S&P 500 near record highs following an over 25% year-to-date gain.
6d
on MSN
Gold dips on firm dollar, inflation data sparks caution on Fed rate cuts
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...
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