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Core CPI Inflation Stuck Above 3%, But Fed Rate Cut Odds Rise; S&P 500 Falls (Live Coverage)
The S&P 500 opened slightly higher on Wednesday, but tilted lower soon. Treasury yields fell but were off lows as investors ...
Odds of a December Interest-Rate Cut Jump After Inflation Matches Expectations
Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...
Barron's6h
Odds of a December Fed Rate Cut Are Getting Smaller
Traders aren’t nearly as sure as they once were that the Federal Reserve will deliver another quarter-point interest-rate cut next month. Market odds stood at 62%, according to the CME Fedwatch Tool.
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...
Financial Post2h
Traders boost bets on Fed cut in December after inflation data
U.S. stock futures rose while Treasury yields and the dollar fell. Traders marked up the odds of a December interest rate cut ...
U.S. Recession Odds Fall With Fed Rate Cut, But Are Still Elevated
The current probability of a recession being officially determined to have begun between 1 November 2024 and 1 November 2025 ...
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
US inflation stays firm for third month with 0.3 percent core CPI gain
US stock futures rose while Treasury yields and the dollar fell. Traders marked up the odds of a December rate cut to around ...
USD/JPY churns post-Fed rate cut, FOMC delivers 25 bps rate trim
The Federal Reserve (Fed) lowered the policy rate by 25 bps to the range of 4.5%-4.75% after the November meeting. The US ...
Bloomberg L.P.29d
Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds
Canadian consumer prices grew at the slowest pace in more than three years, tilting the odds in favor of a half percentage point cut by the Bank of Canada next week. The consumer price index rose ...
Vanguard Sees 50% Odds That BOE Holds Rates in Wake of UK Budget
Vanguard Asset Management Ltd sees a 50% chance that the Bank of England will surprise markets next week by keeping interest ...
Yahoo Finance29d
Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds
After the release, traders in overnight swaps upped their bets that the Bank of Canada will opt for a larger rate cut at next week’s decision, putting the odds of a half-percentage-point ...