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.
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.
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.
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.
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 cut in December is on the table, but it is not a "done deal".
Federal Reserve Watch: No Hurry On Rate Cuts
Financial writer discusses Jerome Powell's stance on rate cuts, Federal Reserve's securities portfolio reduction, and quantitative tightening progress.
FED's slightly hawkish tone brings December rate cut into question
Last week, the fed chair said the US central bank is in no hurry to cut rates when the economy is holding up. The reason is that US consumers just keep on spending. Traders dialled back bets on a December cut to around 55 per cent — from 80 per cent before Powell's comments.
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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 ...
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 ...
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 ...
ECB Officials Saw Risk Management as Key for October Rate Cut
Risk-management considerations were a key reason the European Central Bank decided to bring forward an interest-rate cut last ...
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 ...
Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...