Bitcoin slips as Fed signals rate cuts unlikely in December
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously reduced rates by 50 and 25 basis points in September and November, but market odds of a December cut have now dropped to 59%.
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Live Updates Economic Data Shaping the Markets Today 9:15 am Here’s a rundown of economic data points released this morning.
The U.S. economy is in a good place, but the labor market bears watching, Richmond Fed President Tom Barkin said Tuesday. “So ...
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar ...
Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
You can almost feel it now. After months of market speculation about who would become the next US president and what that ...
It's not just speculation from economists. The market is indicating inflation could lead the Fed to keep borrowing rates ...
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on ...
When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll ...
3don MSN
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
Business Insider on MSN2d
Stock market today: Indexes edge higher after tame October inflation reportHe continued: "The incredible move in the stock market postelection has effectively eased financial conditions for stock ...
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