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 dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
4mon MSN
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...
Mortgage rates have risen and while this dinged housing demand ... “The absence of an upside surprise leaves the Fed on ...
U.S. stock index futures on Friday pointed to a lower open, and Wall Street was headed for a weekly loss. Read more here.
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.
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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