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Fed Rate Cut Is Expected Today
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve will announce a rate decision today, Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.
The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records. The Federal Reserve has been communicating its ambition to stamp out inflation for over two years and yet it’s about to cut interest rates as prices continue to move in the wrong direction.
Federal Reserve cuts interest rates by quarter point in December
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
VIEW US PCE inflation cools
Softer PCE inflation in November will not accelerate Fed easing
Headline and core PCE inflation both came in slightly below market expectations, as did monthly personal income and spending growth. Yet the news was largely expected inside the Federal Reserve and it will not prompt the central bank to ease faster at the margin.
PCE Inflation Lighter Than Expected in November
The Federal Reserve’s favored measure of inflation showed prices increased 0.1% in November and 2.4% over the past 12 months, the Commerce Department said Friday.
VIEW US PCE inflation cools in November
The personal consumption expenditures (PCE) price index rose a less-than-expected 0.1% in November, marking a cooler inflation picture than October's unrevised 0.2% gain, and, combined with solid but disappointing consumer spending,
23h
on MSN
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
2d
The Federal Reserve Is Feeling Edgy About Inflation
More importantly, inflation is also proving stubborn. Some argue that the Fed should be willing to tolerate (even if only ...
2d
Live: Federal Reserve Chair Jerome Powell Says The Economy Is In A 'Really Good Place'
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...
2d
on MSN
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
The
Federal
Reserve
cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled ...
18h
Federal Reserve Watch: Merry Christmas
Analysis of the Federal Reserve's recent rate cuts and cautious approach towards future economic policies in response to ...
The Mirror
23h
Federal Reserve's preferred inflation gauge shows pressures eased last month
An
inflation
measure closely monitored by the
Federal
Reserve
saw a minimal increase last month, indicating a cooling ...
18h
Stock market today: Dow, S&P 500, Nasdaq rebound on fresh inflation data to cap volatile week
Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed ...
18h
on MSN
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
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