Wall Street sees 'slower' pace of Fed rate cuts in 2025
Markets widely expect the Federal Reserve to cut interest rates for the fourth time this year at its December meeting. The question is what the central bank will do next year. Recent sticky inflation prints and evidence the US economy is growing at a solid pace have raised doubts that the Fed will bring down rates as quickly as it previously
After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are rising back up again.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Fed Leaning Toward ‘Gradual’ Future Interest Rate Cuts
The Fed has lowered interest rates by a total of 75 basis points over its last two meetings, but further rate cuts may be sparse.
Gold Edges Higher on Prospects of December Fed Rate Cut
Gold prices edged higher in early Asian trade on the prospect of a December Fed rate cut after the U.S. personal consumption expenditure data came in line with expectations.
Gold rises as US inflation data improves rate cut bets
Gold prices rose on Thursday after slowing U.S. inflation data released in the last session firmed bets on a Federal Reserve rate cut next month. Spot gold was up 0.4% to $2,645.67 per ounce, as of 1024 GMT.
Bloomberg L.P.3d
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy ...
Fed cites volatility, uncertainty as reasons to go slow on rate cuts
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut ...
Forbes2mon
Fed Rate Cuts Coming: The Impact On Stocks And Bonds
Number Of Expected Rate Cuts Wednesday’s consumer inflation (CPI) reading is the final critical impediment to beginning the easing cycle. The Cleveland Fed’s CPI estimate for the upcoming ...
Kiplinger11mon
Fed Leaves Rates Unchanged, Projects Cuts in 2024: What the Experts Are Saying
Also known as the dot plot, the SEP signals three quarter-point rate cuts in 2024. Markets were pricing in a total of four quarter-point cuts next year prior to the Fed meeting, so this brings ...
USA Today23d
Lock in a mortgage rate after the Fed cuts? This might be your last chance
“If the Fed holds back on rate cuts, mortgage rates could remain higher for longer.” Should you lock in a lower rate now? Nina Gidwaney, head of refinance and home equity at Chase Home ...