Fed officials wary of inflation risks as they weigh more rate cuts
Musalem sees increased risk of stalled inflation progress Logan says policy rate may be very close to neutral rate Inflation data holds key to next decision, Kashkari says Nov 13 (Reuters) - After a scare earlier this year that the U.S. labor market might ...
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
Nov 13 (Reuters) - The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, Dallas Federal Reserve President Lorie Logan said on Wednesday. After having made "a great deal of progress ...
Next Fed rate cut could be 'least justified one in modern history': Leuthold Group
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the Fed call. That's according to Doug Ramsey, chief investment officer and portfolio manager at the Leuthold Group.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
TSX opens higher as US data reinforces Fed rate cut hopes
Canada's main stock index opened higher on Wednesday, helped by energy shares, after the U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. At 9:31 a.m. ET (14:31 GMT),
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
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Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
“Monetary policy is well positioned to return inflation to target and support maximum employment through gradual adjustments ...
Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
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Mortgage Rates Today, Nov. 13: Median Rate Remains 6.88%
Federal Reserve policymakers opted to lower the federal funds rate by 0.25 percentage points, a smaller cut compared to the ...
Australia's employment growth slows but no rate cuts expected until mid 2025
Australia's employment growth slowed in October after a strong run, but the jobless rate stayed low and underlying trends ...
Today's Best Savings Accounts Still Pay Almost the Highest Rate in Two Decades—Up to 5.50%
Despite the Federal Reserve cutting interest rates last week, the nation's best high-yield savings accounts still include ...
Four PG&E rate hikes in 2024; Is the CPUC doing its job?
PG&E customers have seen their rates rise four times in 2024.Each of those rate increases has been approved by the California ...
Dow, S&P, Nasdaq end mixed as post-election rally slows; CPI inflation lifts rate-cut bets
Major U.S. stock averages ended mixed and close to flat lines Wednesday, as investors assessed an October consumer inflation ...
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A December Rate Cut Is Still in the Cards After Inflation News
Headline inflation was 2.6% last month, an acceleration from the 2.4% year-over-year rate logged in September. But last ...
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...