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 big picture: The housing market is still trying to understand what a second Trump presidency means, and how the Federal ...
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 ...
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...
A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.
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