Fed, Interest Rate
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U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said on Wednesday,
October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What this may mean for rates.
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.
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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.
Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
Overall consumer spending fell further in the first half of November while hiring sagged as employers looked to limit headcount, according to the Federal Reserve’s Beige Book released Wednesday afternoon.
U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S. Federal Reserve leader, and there was a good chance President Donald Trump would announce his pick before Christmas.