Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
The 30-year rate rose for the seventh week in a row, after Donald Trump won the presidential election and the Federal ...
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in ...
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
After the Federal Reserve's interest-rate cut of a quarter percentage point Thursday, markets are already looking ahead to ...
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...
The central bank has made its latest interest rate decision amid reports about Fed Chair Jerome Powell.
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've ...
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