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Federal Reserve Governor Christopher Waller said he’s advocating an interest-rate cut in December, though the US central bank can probably take more of a meeting-by-meeting approach starting in January once it receives a flood of economic data.
October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What this may mean for rates.
Federal Reserve Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
Investors are now forecasting that the Federal Reserve will cut interest rates at its next meeting, scheduled for Dec. 10.
11hon MSN
No Jobs Data, No Fed Meeting? The Central Bank's December Interest Rate Decision Just Got Harder
The Federal Reserve's next rate move may hinge on delayed employment data, which won't be released until after its next scheduled rate cut decision.
Texas factory activity expanded at a markedly faster pace in November, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose 15 points to 20.5, indicating a notable pickup in output growth.
Despite dramatic differences among Fed officials, opinions are coalescing behind a third interest-rate cut in succession.
In a little over five weeks, the curtain will close on 2025, and investors will likely be looking back on another banner year for Wall Street. Recently, the benchmark S&P 500 (SNP
Traders are scrambling to adjust to wildly swinging odds of a December Federal Reserve interest rate cut—which have suddenly flipped
Economists expect a 0.4% increase in sales after the 0.6% gain a month earlier, based on the Bloomberg survey median estimate. Delayed for more than a month by the government shutdown, the Census Bureau is scheduled to issue the figures on Tuesday.
U.S. Federal Reserve Governor Christopher Waller said he met with Treasury Secretary Scott Bessent recently to further discuss his possible nomination as Fed Chair, as the Trump administration moves forward in picking a replacement for Jerome Powell.