Strong US data feeds doubts about Fed December rate cut
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.
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The Federal Reserve made a rate cut decision today. Here's the impact on your money.The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months ...
Also impacting rate-cut expectations is a streak of encouraging economic data. New figures on Friday showed US retail sales ...
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Traders slashed their expectations for a December rate cut after October retail sales were stronger than expected and Boston ...
Mortgage costs are rising - with the average rate on a two-year fixed deal now at 5.5% - despite a recent cut in interest ...
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
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