Fed Rate Cut in Dec. Possible
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Looking to purchase a home or refinance your current one? Here are the interest rates you need to know right now.
The Federal Reserve won’t see critical information on U.S. inflation or job creation before its next pivotal meeting in December to decide whether to cut interest rates for the third month in a row.
WASHINGTON, Nov 20 (Reuters) - The Trump administration's mammoth fiscal legislation will boost economic growth next year, but the impact will be partially undercut by Federal Reserve interest rates kept higher than they would be otherwise, a former top Fed researcher concluded in a new analysis.
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.
The long-delayed September jobs report will give the Fed more visibility into the labor market. Yet the central bank won't get the more critical October and November reports until after its meeting early next month to decide whether to cut interest rates again.
The Bank of Japan will raise interest rates at its upcoming December meeting, according to a slim majority of economists in a Reuters poll, pushing through with its aim of normalising monetary policy,
This is a significant adjustment, but it’s important to note that the stock was initially priced at $31 during its remarkable June IPO
Egypt left interest rates unchanged, opting for caution after inflation unexpectedly quickened for the first time in five months.
Federal Reserve Bank of Boston president Susan Collins signaled that holding interest-rates steady would be “appropriate for now” as inflation is likely to stay elevated for some time.