Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets

Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate ...

Fed faces another tough rate decison with inflation and job data delay

October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What ...

Fed’s Beige Book Shows Cooling Labor Market, Softer Spending Ahead of December Rate Decision

The Federal Reserve’s latest Beige Book illustrates softening consumer spending and a labor market that has lost some ...

Wholesale inflation was fairly tame before government shutdown, but PPI might not sway Fed rate-cut vote

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another ...

Gold near two-week peak as tepid US data fuels Fed rate cut bets

By Noel John (Reuters) -Gold prices rose more than 1% to a near two-week high on Wednesday, after benign U.S. economic data ...

3 mortgage interest rate scenarios to know for 2026, according to experts

Some mortgage rate scenarios are more likely to occur than others next year. Here's what borrowers can do in each.
Marketplace

Why do investors literally place bets on whether the Fed will raise interest rates?

For some investors, they bet on a vehicle known as "Federal Funds futures" to hedge. For others, it's just that — a bet.

US Treasury secretary takes aim at Fed's interest rate control system

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling ...