Why the Fed is likely to cut interest rates again despite inflation uptick, solid economy
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid economy and job market.
Fed Likely to Cut Rates This Week Despite Strong Economy
“We look for the (Fed) to reduce the fed funds rate by 25 bps while simultaneously emphasizing that future rate cuts will be slower-going and data dependent,” said Sam Bullard, managing director and for Wells Fargo’s corporate and investment banking group.
Fed Signals Slower Rate Cuts as Inflation Stays Above Target
The Federal Reserve is set to take a more cautious approach, as inflation remains above its two percent target.
Goldman Sachs Economists See Fed Skipping a Rate Cut in January
The Federal Reserve is likely to signal a slower future pace of easing when it meets later this week and then skip cutting interest rates in January, according to Goldman Sachs Group Inc. economists.
Federal Reserve Is Likely to Slow Its Rate Cuts With Inflation Pressures Still Elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting
Fed Set to Cut Interest Rates This Week. But Experts Say Next Year Brings Uncertainty
Federal Reserve officials are likely to slow the pace of rate cuts in 2025, which would keep borrowing rates higher for longer.
Texas economy will top France’s thanks to Trump, Abbott says
Moody’s Ratings just cut France's credit grade, while private-sector business activity shrank for a fourth month.
China's weak consumption drags on economy as Trump tariff threat looms
China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping alive calls for ...
Asset Gains Support U.S. Consumer Economy
In addition to a relatively stable labor market, strong gains in net worth are continuing to help U.S. consumers feel ...
China’s economy logs a lackluster performance in November as retail sales slow
China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from ...
India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
India's private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the ...
Chinese Stocks Slip After Data Shows Economy Losing Momentum
Mixed economic data from the world's second-largest economy weighed on Chinese stocks Monday and suggested policymakers' ...
Economy faces ‘some potential storms' in 2025, Moody's chief economist says
The economy is doing “exceptionally well,” said Moody’s Analytics chief economist Mark Zandi. But he sees headwinds under the ...
South Africa's smoggy Sasolburg illustrates conflict between economy and clean air
From the moment Mpho Putsoenyane's daughter Hlompho was born in Zamdela, a South African township beside the smokestacks and ...
What Universal's Epic Universe will mean for Disney — and Central Florida's economy
The competition is ratcheting up in Florida, where Universal Orlando Resort and Walt Disney World are going toe-to-toe with ...
A huge part of the U.S. economy catapults to 38-month high after Trump win and 2025 optimism
A huge part of the U.S. economy expanded at the fastest pace in more than three years as businesses looked forward to a ...