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Strong US data feeds doubts about Fed Dec. rate cut
Strong US data feeds doubts about Fed December rate cut
By Howard Schneider WASHINGTON (Reuters) -Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
CNET
3h
Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
23h
on MSN
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Bloomberg L.P.
2d
Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
1h
on MSN
Traders See Just Over 50% Chance That Fed Cuts Rates in December
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
2h
on MSN
Stocks Fall After Fed Comments, Strong Retail Sales Data
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month. “It’s ...
9h
Fed's Collins says tech changes can improve financial system
Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on ...
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