Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate cut at the central bank's Dec. 9-10 policy meeting.

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 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.

The Federal Reserve’s latest Beige Book illustrates softening consumer spending and a labor market that has lost some momentum. Those points could give the central bank more leeway to lower interest rates at its final meeting of the year.

The reported frontrunner to take over as Federal Reserve chair in May has a recent track record of advocating for the central bank lowering interest rates.

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.

The average mortgage interest rate on a 30-year mortgage is 5.99%, as of November 26, 2025, according to Zillow. The average mortgage interest rate on a 15-year term is 5.50%. Both rates remained unchanged overnight and are hovering around where they have been in recent weeks.

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified. "We've gotten to this point where monetary policy has gotten very complicated" and the U.