Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
Also impacting rate-cut expectations is a streak of encouraging economic data. New figures on Friday showed US retail sales advanced in October, boosted by a jump in autos purchas
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
Most Gulf markets fall on Fed rate cut concerns
Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials pointed to a slower pace of interest-rate cuts. Investors increased bets on the Fed leaving interest rates unchanged at its December meeting and dialled back expectations for easing in 2025.
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Fed’s Collins Says December Rate Cut Still on the Table
Federal Reserve Bank of Boston President Susan Collins said a December interest-rate cut remains on the table, emphasizing the central bank’s decision will be guided by incoming data.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
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.
Stocks fall as US data, Fed comments signal slower rate cut path
A gauge of global stocks was poised for its biggest weekly drop in two months while U.S. Treasury yields continued their ascent as economic data and comments from Federal Reserve officials pointed to a slower pace of rate cuts ahead.
US stocks drop on concerns of slower Fed rate cuts and Trump’s pro-inflation policies
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, as Trump trades lost steam and investors bet the US Federal Reserve will have to slow the pace of policy easing.
Gold slides in biggest weekly drop since 2021 as Fed signals no rush to cut rates
Gold futures ended lower Friday for the sixth straight session in the metal's sharpest weekly selloff in more than three years, driven by a strong U.S. dollar and reduced expectations for interest rate cuts following Donald Trump's election victory.
Global stocks drop as Fed signals slower pace of rate cuts
Global stocks were on track for their biggest weekly decline in two months as investors adjusted to the possibility of a slower pace of interest-rate cuts by the Federal Reserve. Stronger-than-expected economic data and hawkish comments from Fed officials,
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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 ...
Wall St sinks on Powell rate-cut caution, Trump cabinet picks
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Traders See Lower Chance of December Rate Cut
Traders slashed their expectations for a December rate cut after October retail sales were stronger than expected and Boston ...
Boston Fed president says December rate cut not a 'done deal', WSJ reports
Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate ...
Mortgage costs rise despite interest rate cut
Mortgage costs are rising - with the average rate on a two-year fixed deal now at 5.5% - despite a recent cut in interest ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
NAB breaks with big four to predict May 2025 rate cut
NAB says the jobs market has proven stronger than expected, making it unlikely the RBA will cut interest rates in February, ...