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…
Federal Reserve begins its final interest rate policy meeting – NBC Bay Area
The Federal Reserve begins its final policy meeting of the year, with the interest rate decision due Wednesday afternoon. Despite high inflation, the Federal Reserve is expected to cut interest rates this week for the third straight meeting. Cal State…
Treasury yields are little changed as traders await Federal Reserve interest rate decision – NBC10 Philadelphia
U.S. Treasury yields were little changed on Tuesday as investors parsed economic data due ahead of the Federal Reserve’s next interest rate decision. The yield on the 10-year Treasury was down 1.4 basis points at 4.381%. The 2-year Treasury yield was…
Why Trump and the Federal Reserve could clash over interest rates
WASHINGTON (AP) — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their…
There’s ‘urgency to act’ to get best returns on cash
Alfexe | Istock | Getty Images With the Federal Reserve expected to cut interest rates again this week, it’s a great time to earn competitive returns on cash, experts say. “The best offers on savings accounts, money markets and CDs…
Treasury yields rise as traders await Federal Reserve interest rate decision
U.S. Treasury yields moved slightly higher on Tuesday, as investors parsed economic data due ahead of the Federal Reserve’s next interest rate decision. The yield on the 10-year Treasury was up by less than 1 basis points at 4.407%. The…
Stocks Retreat as Traders Await Federal Reserve: Markets Wrap
(Bloomberg) — Stocks pulled back across the globe on Tuesday as traders awaited the Federal Reserve’s final interest-rate decision for 2024 and its monetary policy forecasts. Most Read from Bloomberg Futures contracts for the Nasdaq 100 dropped 0.2% after the…
Nasdaq hits record as Wall Street drifts ahead of Federal Reserve’s meeting | Ap
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Investors on alert for ructions in US funding market
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are on alert for a potential end-of-year increase in US overnight lending rates, with some calling for the Federal…