Mortgage rates are unlikely to drop even with another Fed cut
Mortgage rates haven’t moved much in the past week, but Wednesday’s meeting of the Federal Reserve should give some clearer insights into where the market is headed at the end of the year. The Federal Open Market Committee (FOMC) is…
Federal Reserve expected to deliver one more rate cut in 2024, likely the last for a while
SALT LAKE CITY (KUTV) — The Federal Reserve began its two-day meeting Tuesday, with economists widely anticipating a quarter-point interest rate cut — the third since September — bringing the total reduction over that period to one percentage point. The…
Gold tumbles as traders await Federal Reserve’s decision
Gold price refreshes new weekly low following strong US Retail Sales figures that dim expectations for aggressive Fed easing next year. Despite a drop in Treasury yields, a resilient US Dollar limits Gold’s upward momentum. Investors eye the Fed’s policy…
Gold Prices Steady As Federal Reserve Meeting Looms
What’s going on here? Gold prices remained steady as investors exercised caution before the Federal Reserve’s upcoming policy meeting, which is set to offer important clues on potential interest rate changes. What does this mean? Spot gold nudged up by…
Indian Rupee Dips As Federal Reserve Decision Looms
What’s going on here? The Indian rupee took a hit on December 18, 2024, nearing its all-time low against the US dollar, as the nation braces for a crucial Federal Reserve policy announcement, with expected moves from the Reserve Bank…
Cautious Indian Markets Brace For US Federal Reserve Decision
What’s going on here? Indian markets are moving cautiously as investors anticipate the US Federal Reserve’s decision, with Gift Nifty futures hinting at a slow start similar to Tuesday’s results. What does this mean? Investors are in wait-and-see mode, as…
Asian stocks are mostly higher ahead of Federal Reserve’s meeting
HONG KONG (AP) — Asian stocks were mostly higher on Wednesday ahead of the Federal Reserve’s final rate decision of this year. U.S. futures rose while oil prices were mixed. Japan’s benchmark Nikkei 225 slipped 0.2% in morning trading to…
US Federal Reserve likely to cut interest rate for third straight time | Key points
Dec 18, 2024 10:25 AM IST The Fed’s rate decision, along with its updated quarterly economic forecasts, will be released at 2 pm on Wednesday (12:30 am on Thursday in India). The US Federal Reserve is likely to cut interest…
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs…
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect – NBC 5 Dallas-Fort Worth
Futures market traders are pricing in a near certainty that the Fed on Wednesday will lower its benchmark overnight borrowing rate by a quarter percentage point. “I’d be inclined to say ‘no cut,’” former Kansas City Fed President Esther George…