Fed Expected to Cut Interest Rates
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A US Supreme Court argument Monday is likely to provide clues about the fate of Federal Reserve Governor Lisa Cook, whom President Donald Trump has tried to fire in his push for more control over the central bank.
Federal Reserve interest rate decision, Fed Chair Jerome Powell remarks, trade deficit data, earnings from Oracle, Broadcom, GameStop, and Adobe.
The Federal Reserve is expected to cut rates this week, setting the scene for other central banks' final policy meetings for 2025.
The Federal Reserve’s preferred measure of inflation, called the PCE index, showed that inflation had risen 2.8% in September from a year ago.
Bond yields have risen in the week since Kevin Hassett's odds to lead the Fed have grown. Sources says bond markets are pricing in more inflation.
To best take advantage of the December Fed rate cut, homebuyers should first understand which big mistakes to avoid.
The Commerce Department's delayed September PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target ahead of a central bank decision next week.
The Fed is widely expected to cut interest rates for the third meeting in a row when it meets this week.
Wall Street bosses and corporate CEOs alike have launched a last-ditch effort to persuade President Trump not to pick Kevin Hassett as the next chairman of the Federal Reserve – but they aren’t making any big bets they’ll succeed,
The FOMC meeting may shift long-end rates, pushing 30-year Treasuries toward 7% amid dissent and dot plot focus. Read more on the Fed's rate cut impacts.