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Traders now see two Fed rate cuts this year
US inflation likely remained elevated last month, threatening interest rate cuts
U.S. inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could lessen the chance that the Federal Reserve will cut its key interest rate much this year.
BofA says Fed's rate cuts are over with inflation stuck above 2%
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing around full employment and inflation is modestly stuck above the central bank's 2% target.
Traders now see two Fed rate cuts this year after benign December inflation data
Traders of interest-rate futures are now predicting nearly equal chances on Wednesday that the Federal Reserve will lower interest rates twice by the end of this year, according to data compiled by Reuters.
1d
on MSN
Fed may halt interest rate cuts—and could even pursue a hike, say analysts
High interest rates and the rising cost of funding were already a top concern for CFOs. Now, that concern could grow ...
12h
Bonds Have Banner Day as Inflation Report Revives Fed-Cut Bets
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve ...
8h
Fed Hawks and Doves: What US Central Bankers Are Saying
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
2d
on MSN
Stock market today: Tech rout extends sell-off as investors pare back rate-cut bets
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
2h
BoE’s Taylor: Central bank should cut rates pre-emptively
The Bank of England (BoE) policymaker Alan Taylor said on Wednesday that the BoE should move quickly to cut interest rates ...
2d
Wall Street stocks waver after robust US data puts brake on bets on interest rate cuts
“People are surprised by the economic strength in the US,” said Jason Lui, head of Asia-Pacific equity and derivative ...
9h
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
5d
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
13h
US consumer prices rise slightly above expectations in December
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still ...
1d
on MSN
December CPI report expected to show sticky inflation as investors recalibrate rate cut bets
December's Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US ...
11h
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...
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