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New Inflation Data Cements a Fed Cut Next Week
Producer Inflation Comes In Hot. The Fed Will Still Cut Rates.
Producer inflation remained too high in November, but there were signs of progress below the surface. An interest-rate cut by the Federal Reserve at its Dec. 17-18 meeting remains all but assured. The producer price index jumped by 0.
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal Reserve will reduce the federal funds rate on Dec. 18.
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.
MarketWatch on MSN
1h
Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.
Armed with consumer and wholesale
inflation
reports, Wall Street economists predict the Federal Reserve’s favorite price ...
8h
Strengthening Inflation Poses Challenge for Trump, Fed
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
3h
on MSN
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
1d
on MSN
Bitcoin reclaims six-figure mark as inflation data bolster December Fed cut odds
Bitcoin (BTC-USD) climbed past the six-figure mark once again on Wednesday, driven by inflation data that matched ...
1d
Live Updates: Inflation in Focus Ahead of Fed Meeting
Policymakers will decide whether or not to cut interest rates next week, and Wednesday’s report could be a critical factor.
1d
Stock market today: Indexes slip as investors brace for November inflation report
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets ...
1d
on MSN
Global shares, US dollar rise as inflation data reinforces Fed hopes
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal ...
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