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’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room to lower interest rates at a careful pace. Read more at The Business Times.
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
Fed Cuts Rates Again
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what comes next.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
US Stocks Drop As Expectations Of A Fed Rate Cut Cool
US stocks fell Thursday, as traders digested an uptick in inflation and comments from Fed Chair Jerome Powell, which had the effect of cooling expectations of a December rate cut.
CNBC Daily Open: ‘Higher for longer' rates could rear its head once again
Markets mixed after inflation data U.S. markets were mostly rangebound after the October inflation reading, with the S&P 500 ...
Morningstar7d
The Fed is draining liquidity from markets for longer than expected. Here's why it's making Wall Street nervous.
The aim was to reduce the magnitude of both U.S. economic downturns by bolstering risk appetite and capital markets, and holding longer ... future Fed rate cuts and an even higher U.S. deficit.
The Star5d
Fed’s ‘higher for longer’ stance hits Asian currencies
“Coupled with that, in its last meeting, the Fed scaled back its rate cut expectations from three in March to just one in June. “This pushed the ‘higher for longer’ narrative, which is ...
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 Lending, ...
Will the Fed really 'lose control' of the bond market?
When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll ...
October CPI: Trend Reversal Has Investors Preparing For Higher Terminal Rates
October's inflation report shows rising inflation pressures, driven by services and housing costs. See what to expect at ...
US Bond Yields Ratchet Higher Before Influential Inflation Data
Treasury yields resumed their rise as investors looked ahead to crucial consumer price data on Wednesday, which could further ...
CNBC Daily Open: Could 'higher for longer' make a return?
With inflation ticking up and a possible inflationary landscape ahead due to Trump's policies, could a "higher for longer" ...