Interest Rates

The Federal Reserve announced a widely anticipated 25-basis-point interest rate cut at its December meeting Wednesday, lowering the federal funds rate to a range of 4.25% to 4.5%. The cut is the third consecutive reduction in borrowing costs following a 50-basis-point cut in September and a 25-...

In a year marked by three consecutive rate cuts totaling 100 basis points, Federal Reserve Chair Jerome Powell said the Fed is shifting gears to a more cautious stance heading into 2025 as interest rates move tantalizingly close to a neutral environment for the economy. Following the latest 25-...

The Federal Reserve closed out the year with a widely anticipated 25 basis-point interest rate cut Wednesday, lowering the federal funds rate to a range of 4.25%-4.5%. This marks the lowest level since January 2023 and is the third consecutive reduction in borrowing costs, following a 50-basis-...

As markets brace for the Federal Reserve's final policy meeting of the year, scheduled at 2:00 p.m. Wednesday, Goldman Sachs highlighted 20 exchange-traded funds (ETFs) that have historically shown outsized moves around Fed decision days. While a 25-basis-point rate cut to a target range of 4.25%-4...

The Federal Reserve is set to wrap up 2024 with its last Federal Open Market Committee (FOMC) meeting on Wednesday, delivering what's expected to be its third consecutive interest rate cut. Policymakers are expected to lower the federal funds rate by 0.25%, bringing it to a target range of 4.25%-4...

The U.S. stock market has generally delivered solid gains around Federal Reserve meetings in 2024, signaling investor optimism as the central bank prepares for its final policy decision of the year on Wednesday. An investor adopting a short-term long strategy — buying the S&P 500 index at...

Wall Street began Tuesday’s session on a weaker note, with major indices slipping after November's robust retail sales report reignited investor concerns that the Federal Reserve might hold back interest rate cuts next year. The data, which underscored resilient consumer spending heading...

The Federal Reserve is widely expected to announce a 25-basis-point rate cut on Dec. 18, marking its third consecutive reduction after slashing rates by 50 basis points in September and by 25 in November. Markets have fully priced in this move, assigning nearly a 100% probability, as per CME...

Wall Street faced a murky morning on Thursday as fresh data revealed a jump in wholesale prices alongside a sharp rise in jobless claims. These conflicting signals rattled investors, casting doubt on the trajectory of the economy and the Federal Reserve’s interest rate strategy. The S&P...

Editor's Note: This article has been updated to include comments from ECB President Christine Lagarde. The European Central Bank on Thursday lowered the deposit rate by 25 basis points. The widely-anticipated move marks the ECB’s fourth interest rate cut of the year.  The Details: The...

The inflation measured on U.S. producer prices rose more sharply than anticipated in November, marking its second consecutive increase and casting a shadow over the broader outlook for disinflation in the economy. In November, the producer price index increased by 3% year-over-year — the highest...

The Consumer Price Index rose from 2.6% in October to 2.7% in November, in line with economist predictions. Here’s a look at what experts expect from the Federal Reserve in the months ahead.  Experts Weigh In: Most experts are anticipating another quarter-point rate cut from the Federal...

Wall Street kicked off Wednesday on a positive note as November inflation data came in line with expectations, leaving traders confident in the likelihood of a Federal Reserve interest rate cut next week. The Consumer Price Index rose 2.7% year-over-year in November, slightly above October's 2.6%...

Inflationary pressures intensified as expected in November, but the trend is beginning to show signs of stickiness, posing fresh challenges to the Federal Reserve’s 2% target after months of disinflation. The Consumer Price Index rose by 2.7% year-over-year in November 2024, exceeding October...

The Federal Reserve is widely expected to cut interest rates by 25 basis points during its Dec. 18 meeting, with fed funds futures pricing in a nearly 90% chance of the move. Not all voices in the financial world are cheering for lower rates. Ed Yardeni, a veteran Wall Street investor, argues the...