US EditionJerome Powell Likely to Go for Another Fed Rate Cut Despite Growing Dissent Amid High Inflation
Federal Reserve plans a quarter-point rate cut amid divided officials and delayed economic data; markets now see over 90% chance, reflecting labor market weakness and inflation concerns.
- This week, Federal Reserve Chair Jerome Powell is expected to push through another quarter-point interest-rate cut, with markets now assigning more than a 90% chance to the move.
- The Fed's prior October cut followed a sudden summer deterioration in the US labor market, while a government shutdown delayed and canceled key economic data releases.
- John Williams, New York Fed President, said on Nov. 21 he saw room for a near-term cut, while five Fed officials who voted this year signaled reluctance about another move.
- President Donald Trump is expected soon to name a successor to Powell, with Kevin Hasset, senior economic adviser , and some investors worry the new chair may pursue cuts risking inflation.
- Looking ahead, economists polled by Bloomberg expect a pause before two reductions next year in March and September, while Kevin Hasset's possible board entry soon may complicate Powell's tenure.
25 Articles
25 Articles
Waiting for the Fed this week is the motto on the stock exchanges. On Wednesday, the US Federal Reserve will announce its interest rate decision. Falling interest rates could be the starting signal for an annual overnight.
U.S. stock futures flat as investors await Fed meeting — and likely rate cut
U.S. stock futures were little changed Sunday, as investors anticipated another interest-rate cut by the Federal Reserve later this week. Article Attribution | Read More at Article Source The post U.S. stock futures flat as investors await Fed meeting — and likely rate cut appeared first on RocketNews.
The next Thursday will not be any of the months for investors and financial market analysts around the world. It is the day marked for the next Federal Reserve (Fed, the Central Bank) decision on the United States' basic interest rates, an indicator that goes with the economy of all other countries. For Brazilians, it will not be called "superquare" for the end of the Fomc meeting, the Copom's monetary policy committee, and the brazilian equival…
Rate Cuts Loom as Fed Faces Dissent Amid Global Economic Tensions
Rate Cuts Loom as Fed Faces Dissent Amid Global Economic Tensions Investor anticipation intensifies as the Federal Reserve faces a crucial decision on interest rates this week. With an 85% market prediction of a quarter-point reduction, the meeting is expected to witness some dissent among policymakers.Worldwide, central banks in Canada, Switzerland, and Australia are likely to maintain steady rates amidst mixed economic data. In the U.S., longe…
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