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Traders bet on Fed Dec. rate cut
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.
Fed seen on track for 25-basis-point rate cuts next week and in December
Data earlier this week showed inflation by the Fed's targeted measure running at 2.1% in September, just a notch above its 2% goal, though sticky underlying price pressures are expected to keep U.S. central bankers wary of declaring victory too early.
The Australian Financial Review
1d
Fed still on track to cut rates in December: CPI view
Mortgage
rates
have risen and while this dinged housing demand ... “The absence of an upside surprise leaves the
Fed
on ...
Investing
2d
Fed December rate cut on track as policy remains restrictive: UBS
Investing.com -- The road ahead for a December
rate
cut remains in place as recent comments from
Fed
members signal that policy is still in restrictive territory, UBS said in a Wednesday note.
NBC Montana
3d
New administration brings unknowns to Fed's path on interest rates
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
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