The Fed’s latest Beige Book points to weaker hiring, softer consumer spending, and moderate price pressures as policymakers weigh a potential year-end rate cut.

The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain.

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cut from the Federal Reserve next month, while the yen remained on intervention watch,

JPMorgan Chase & Co. expects the dollar to soften next year on easier US monetary and fiscal policy, but cautioned that accelerated bets on future interest-rates hikes could challenge that view.

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another interest-rate cut showed just a mild increase in wholesale prices even before the government shutdown.

U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S. Federal Reserve leader, and there was a good chance President Donald Trump would announce his pick before Christmas.

With Hassett, Trump would have a close ally whom the president knows well and trusts installed at the independent central bank, the people said, speaking on the condition of anonymity. Hassett is seen as someone who would bring the president’s approach to interest-rate cutting to the Fed,

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.