Fed, A rate cut
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Treasury Secretary Scott Bessent said Tuesday that President Trump will likely announce his pick for the next chair of the Federal Reserve before Christmas. “I think there’s a very good chance
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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.
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.
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,
The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another interest-rate cut showed just a mild increase in wholesale prices even before the government shutdown.
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Big Changes Coming to the Fed—And Interest Rates—Next Year If This Frontrunner Gets Powell’s Job
The reported frontrunner to take over as Federal Reserve chair in May has a recent track record of advocating for the central bank lowering interest rates.
By Stella Qiu SYDNEY (Reuters) -Asian shares are set to end a tough November on steadier ground as revived hopes of an imminent U.S. rate cut helped soothe valuation jitters and sent Treasuries rallying for a fourth straight month.
The Federal Reserve is best understood not as an administrative agency but as a federal corporation—and thus outside of Trump’s control over the executive branch.