This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Global shares, greenback rise as inflation data reinforce rate cut expectations
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal Reserve cutting interest rates later this month.
Interest Rate Forecast: How Much More Will the Fed Cut?
According to CME FedWatch, a popular interest-rate probability tracker, there’s an 88% chance of a 25-point rate cut. A similar tool from the Federal Reserve Bank of Atlanta predicts a rate cut of that size is 80% likely. The tools predict a 14% and 18% likelihood, respectively, that rates will remain unchanged.
Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
Benign consumer inflation report cements Fed interest rate cut odds
The final U.S. consumer inflation report of the year on Wednesday cemented expectations for another quarter-point rate cut by the Federal Reserve's monetary policy committee next week. The headline and core consumer price index (CPI) for November came in-line with consensus estimates,
Mortgage refinance demand surges 27% as interest rates drop for the third straight week
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...
Analysts rework interest rate cut forecasts for 2025
If you’ve been searching to buy a new home, car, or staring at your credit card balance wondering why it’s growing faster ...
Is the Federal Reserve Running Out of Reasons To Cut Interest Rates?
While the Federal Reserve is expected to cut its key interest rate next week, stubborn inflation could pressure the central ...
CTV News1h
Bank of Canada interest rate drop good news for mortgage holders
A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages ...
Hang Seng Index: Stimulus Hopes and Fed Rate Cut Bets Lift Tech Stocks
Hang Seng Index climbs as Fed rate cut hopes drive tech stocks; real estate lags amid China stimulus anticipation.
Bank of Canada likely to reduce interest rate by 50bps
The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers ...
Bank of Canada brings key interest rate to 3.25% in final major cut of the year
In its final major cut of the year, the Bank of Canada has lowered the policy interest rate from 3.75% to 3.25%.
Channel NewsAsia Singapore3h
Interest rate for CPF's Special, Medisave and Retirement account falls to 4% next quarter
The interest rate for the Central Provident Fund's Special, Medisave and Retirement accounts will fall to four per cent in ...