Benign consumer inflation report cements Fed interest rate cut odds
The final U.S. consumer inflation report of the year on Wednesday cemented expectations for another quarter-point rate cut by the Federal Reserve's monetary policy committee next week. The headline and core consumer price index (CPI) for November came in-line with consensus estimates,
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Interest Rate Forecast: How Much More Will the Fed Cut?
According to CME FedWatch, a popular interest-rate probability tracker, there’s an 88% chance of a 25-point rate cut. A similar tool from the Federal Reserve Bank of Atlanta predicts a rate cut of that size is 80% likely. The tools predict a 14% and 18% likelihood, respectively, that rates will remain unchanged.
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.
Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
Mortgage refinance demand surges 27% as interest rates drop for the third straight week
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...
Bank of Canada likely to reduce interest rate by 50bps
The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers ...
4 mortgage interest rate scenarios that could occur in 2025
"The most plausible scenario for 2025 is a gradual decline in mortgage rates, driven by the Federal Reserve's potential pivot ...
Bank of Canada Delivers Second Straight Half-Point Interest Rate Cut
For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates ...
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Bank of Canada interest rate drop good news for mortgage holders
A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages ...
What's the home equity loan interest rate forecast for December 2024?
The Federal Reserve is scheduled to meet December 17 and 18 and, if they change the benchmark rate, this will affect the ...
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Interest rate for CPF's Special, Medisave and Retirement account falls to 4% next quarter
The interest rate for the Central Provident Fund's Special, Medisave and Retirement accounts will fall to four per cent in ...
Personal loan: Follow these simple steps to secure a loan at low interest rate
Applying for a personal loan has never been easier with digital lending platforms. Learn how factors like income, credit score, and repayment history impact your loan’s interest rate and how to ...
Citi Says It’s Time to Bet Against Rapid ECB Interest-Rate Cuts
Traders should wager on a slower pace of interest-rate cuts by the European Central Bank next year, according to Citigroup ...