Trimming of Fed rate cut bets for 2025 may sting stocks and boost the dollar.
Crude oil prices raced higher, erasing an intraday loss of nearly 3% to probe within a hair of $72 per barrel (bbl), the highest in a week. That marked a rise of more than 5.2% from the session open before the panic eased. The West Texas Intermediate (WTI) crude oil benchmark is heading into the close with a gain of 2.7%.
The Fed’s Rate Cut: A ‘Soft Landing’ – Or ‘Fake News’?
The rate cut is about repairing the Fed’s damaged credibility. “Going big” with 50 basis points is a psychological gambit, to convey decisiveness and self-confidence.
What does the Fed interest rate cut mean for mortgages and homebuyers?
The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers. Few areas of the economy welcomed the news more than the nation’s sluggish housing market,
BlackRock’s Fink Says Market Is Wrong on Fed Rate-Cut Bets
BlackRock Inc. Chief Executive Officer Larry Fink said the market is pricing too many interest-rate cuts from the Federal Reserve given the US economy continues to grow.
Market bets on deep Fed rate cuts are ‘crazy,’ says BlackRock’s Larry Fink
BlackRock Inc. CEO Larry Fink says rates traders are making “crazy” bets on deep Fed rate cuts despite signs of a strong economy.
BlackRock's Larry Fink says market is pricing too many interest-rate cuts from US Fed
Speaking to Bloomberg, BlackRock Chairman Larry Fink has said while there’s room for easing more, it is not as much as the forward curve would indicate.
Projected Fed rate cuts could see 'income drag' akin to 2020 :Mike Dolan
If you think Federal Reserve interest rate cuts could overly spur an already briskly growing U.S. economy, consider the other ...
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More rate cuts on the way
(ABC 6 News) — The Federal Reserve says more rate cuts could be on the way, but not all at once. Federal Reserve Chair Jerome ...
Recent Data Shows Americans Rushed to Lock in Mortgages Just Days After the Fed Cut Interest Rates
Data from Redfin and the Mortgage Brokers Association show prospective homebuyers are eager to take advantage of lower ...
Winnipeg Free Press1d
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would ...
Inflation in Europe falls below 2% and opens the way for faster rate cuts
Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank’s target of 2% for ...
Faster EU Rate Cut Possible After Inflation Falls Below 2 Percent
Inflation in the eurozone dropped to 1.8 percent in September which could lead to faster interest rate cuts from the European Central Bank (ECB). Inflation fell below the ECB's target of 2 percent for ...
Bank of Canada says it's reasonable to expect more rate cuts
Given the continued progress the Bank of Canada has made in bringing inflation back down to the 2 per cent target, it is ...
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Bonds rally, dollar firms as traders ponder rate cuts
Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Central Bank rate cuts ...
South African rand slips as Powell signals modest rate cuts
The South African rand weakened against a stronger dollar on Tuesday, after Federal Reserve Chair Jerome Powell poured cold ...
Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years
Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years ...