Interest Rates
Divided Fed approves third rate cut this year, sees slower pace ahead
Key Points A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 10-3 vote, but signaled a tougher road ahead for further reductions. The FOMC’s “dot plot” indicated just one more reduction in 2026 and another in 2027, amid considerable disagreement from members about where rates should […]
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CNBC Daily Open: A Fed rate cut might not be festive enough
An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016. Andrew Harrer | Bloomberg | Getty Images On Wednesday stateside, the U.S. Federal Reserve is widely expected to lower its benchmark interest rates by a quarter percentage point to a range […]
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The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what’s ahead. Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that’s the case, it will take the Fed’s […]
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European markets set for soft open as investors await Fed decision
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. Kai Pfaffenbach | Reuters European shares are expected to open mostly flat on Tuesday as global investors await the U.S. Federal Reserve’s monetary policy update. Futures tied […]
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Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected
A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower interest rates. The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly […]
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India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images India’s central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters. The monetary policy committee delivered a unanimous reduction, citing “weakness in some key […]
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Asia markets set to open mixed after Wall Street gains on cooler-than-expected jobs data and rate-cut hopes
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets were set to open mixed Thursday, after Wall Street gained on the latest jobs data from ADP, which strengthened investors’ conviction that the Federal Reserve will cut interest rates next week. Payroll processor ADP reported that private companies […]
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Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop
ETF Edge Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop Published Wed, Dec 3 20257:00 AM EST Blair Bao WATCH LIVE Source
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South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We […]
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South Korea headline inflation at 2.4% y/y, bolstering case for rate pause
Stalls at the Gwangjang traditional market in Seoul, South Korea. Eric Lafforgue/art In All Of Us | Corbis News | Getty Images South Korea’s consumer prices rose 2.4% in November from a year earlier, driven by higher food and services costs, bolstering the case for the Bank of Korea to maintain interest rates at the current level for […]
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