Fed, Mortgage Rates

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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 cut at the central bank's Dec. 9-10 policy meeting.

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A December Fed Cut Is in Play Again—But What Would It Really Mean for Mortgage Rates?
JP Morgan shifts outlook on Fed rate cut to December

Kevin Hassett, Federal Reserve System

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Bets surge on Kevin Hassett becoming next Fed chair
The Kalshi odds show that Hassett has for a few weeks become the most likely to be nominated by Trump, as Fed governor Christopher Waller and former governor Kevin Warsh fell away. The new bump in bets on Hassett followed a report from Bloomberg on Tuesday that he was seen by advisers and allies of Trump as the frontrunner for the Fed chair position.

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Gold Advances With Hassett Emerging as Fed Chair Frontrunner
Hassett emerges as frontrunner to be Trump's next Fed chair, Bloomberg News reports

Bessent wraps up Fed chair interviews

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Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas
Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to shortlist for Trump's review. Decision expected by Christmas.

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Bessent expects Trump to pick next Fed chair before Christmas
Trump could make a decision on a new Fed chair 'before Christmas.' See who's on the short list

The Fed is divided over cutting interest rates. Here's why that matters

If the Fed holds interest rates steady as a means of protecting against tariff-induced inflation, it risks a deeper slowdown ...

The economy muddled along during the shutdown, the Fed found. Is another rate cut on tap?

Just two weeks before a pivotal meeting, the Federal Reserve said the U.S. economy has been just muddling along as of late.

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 Finds Softening Job Market

The Fed’s latest Beige Book points to weaker hiring, softer consumer spending, and moderate price pressures as policymakers ...

Fed splits ahead of key December meeting as rate-cut debate grows

The odds of a December interest-rate cut have rebounded sharply. Traders are pricing in an 84.9% chance of a ...

Hassett at the Fed helm could pressure the dollar, investors say

Beneath the U.S. bond markets' composure around the prospect of White House economic adviser Kevin Hassett becoming the next ...

Tariffs have surprising effect on unemployment and inflation patterns, Fed analysis reveals

The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade ...

Traders Crowd Into Fed Futures Targeting a December Rate Cut

Investors are betting big that the Federal Reserve will cut interest rates again when policymakers meet next month, erasing ...

Tracy Morgan Says He's Fed 19K Families Through Charity Work: 'Life's Better When You Give It Back' (Exclusive)

Morgan works with the Hackensack Meridian Health Foundation and has donated more than $200,000 to families in need ...