Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...
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Why Labor Data Matters for Mortgage Rates and the Fed
Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to ...
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.
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
American Banker1d
Inflation in focus as bank investors ponder Fed's next move
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower ...
Gold Futures Rise on Safe-Haven Demand, Supportive U.S. Inflation Data
Gold futures rise 0.8% to $2,740.10 a troy ounce on geopolitical concerns and interest rate cut hopes. Futures are up 0.7% at $2,737.40 a troy ounce. Escalating geopolitical risks have bolstered the ...
Nasdaq hits 20,000 as inflation data raises Dec rate-cut hopes
The Nasdaq crossed 20,000 points for the first time on Wednesday, as tech stocks rallied after the latest inflation report ...