Federal Reserve, December and rate cut
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No Jobs Data, No Fed Meeting? The Central Bank's December Interest Rate Decision Just Got Harder
The Federal Reserve's next rate move may hinge on delayed employment data, which won't be released until after its next scheduled rate cut decision.
The Federal Reserve is largely expected to cut rates at its December meeting, leaving investors watching for signs about what's next for the central bank. Prairie Operating Co. executive vice president of market strategy and TheBigSkinny.
Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
Given a lack of recent economic data, the Federal Reserve's Beige Book report may play a more important role than it normally does at the central bank's Dec. 9-10 meeting. As Jeffry Bartash reports, the latest report released on Wednesday shows the U.
Offsetting the tepid employment outlook, which forms one part of the Fed’s mandate, is the inflation question. Members of the FOMC are mindful that inflation remains comfortably ahead of its 2% target, a trend that is likely to come into even greater focus during a period of high consumer spending.
The Bureau of Labor Statistics announced Friday that it won't deliver the October Consumer Price Index report before the Fed meets again.
September jobs report is muddying the picture of whether a split Federal Reserve will cut or hold interest rates steady at its next policy meeting.
The DXY dollar index was flat after hitting a two-week high and Commerzbank said the currency might struggle for direction ahead of the Fed’s rate decision in December.