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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.
Experts Say the Fed Will Likely Cut Rates Next Week. But What's Next?
Borrowing rates remain high going into 2025, and experts say this could be the last rate cut for a while. Financial markets are betting that the central bank will slow the pace of
Will Sticky Inflation Stop The Fed Rate Cut?
Higher inflation and a resilient economy have some wondering if the Fed will cut rates this week. This week will be full of economic data ahead of the Christmas week.
Another Fed rate cut is all but assured this week. What about 2025?
Federal Reserve policymaking will be in the spotlight this week, with the U.S. central bank wrapping up its final meeting of the year. The FOMC already cut rates twice since it made a highly anticipated U-turn in September,
1h
on MSN
China’s Economy Loses Momentum
China will probably hit its “around 5%” growth target for the year, but economists say more stimulus will be needed as trade ...
10h
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 ...
2d
on MSN
Worries of a Fed policy mistake are growing amid a hot economy and sticky inflation
The fear among some commentators is that the Fed is cutting rates in a hot economy with inflation above target, raising the ...
5h
on MSN
Eurozone Economy Slows Again in Chilly End to Year
Business activity continued to weaken in the eurozone as further uncertainty around domestic politics and global trade looms ...
5h
on MSN
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 ...
4d
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 ...
1d
on MSN
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 ...
7h
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 ...
4d
on MSN
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in ...
14h
on MSN
Inflation, Trump, and More: What’s Ahead for the Economy in 2025
The Federal Reserve could find it harder to balance growth and inflation next year, given the incoming Trump administration’s ...
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