Tag #Federal Reserve

Showing 781 to 792 of 849 results

theguardian.com
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Stable Inflation, Potential Rate Cut, and Tariffs Threaten Economic Outlook

US inflation held steady at 2.7% in November, prompting the Federal Reserve to likely cut interest rates for the third time this year on December 18, despite unemployment ticking up to 4.2%. President-elect Trump's proposed tariffs, however, pose a threat to future inflation control.

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40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Inflation Data Bolsters Expectations for Fed Rate Cut

November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...

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40% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut

US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.

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44% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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"Citigroup Stock Soars Despite Earnings Dip; Outlook Tied to Rate Cuts and Political Climate"

"Citigroup's Q3 2024 revenue reached $20.3 billion, a 1% increase year-over-year, but net income fell 8% to $3.2 billion; despite this, its stock price is up 44% year-to-date, outpacing the S&P 500, but contrasting sharply with its underperformance in the previous three years."

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Lock in High CD Rates Before December Fed Meeting

With the Federal Reserve likely to cut interest rates in December 2024, savers should consider opening a long-term CD now to lock in higher rates before lenders preemptively lower their offers, preventing holiday overspending and securing predictable returns.

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56% Bias Score

Reduced Inequality
forbes.com
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Trump Says He Won't Remove Federal Reserve Chair Powell

President-elect Donald Trump said he will not attempt to remove Federal Reserve Chair Jerome Powell, reversing his prior statements and threats to remove him, despite no legal precedent preventing presidential removal.

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36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Inflation Data Supports Expected Federal Reserve Rate Cut

The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.

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40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

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52% Bias Score

Decent Work and Economic Growth
cnbc.com
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Nasdaq Hits Record High Above 20,000 Amid Tech Surge

On Wednesday, strong tech performance, particularly in AI-related stocks, propelled the Nasdaq above 20,000 for the first time, while the S&P 500 rose almost 1%, contrasting with the weak performance of healthcare and other sectors due to proposed drug-cost legislation and a rising 10-year Treasury ...

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44% Bias Score

Decent Work and Economic Growth
cbsnews.com
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US Housing Market Gridlock: High Prices, Low Inventory, and Fluctuating Mortgage Rates

High US home prices (47% above 2020 levels) and low housing inventory (34% below 2019) are creating a challenging market, while mortgage rates have recently fluctuated between 6% and 7.5%, influenced by Federal Reserve actions and election outcomes.

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40% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans: Credit Score Takes Precedence Over Fed Meeting Timing

The Federal Reserve's expected December interest rate cut may not drastically change home equity loan rates, as lenders often adjust offers preemptively; borrowers should prioritize improving their credit scores before applying.

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48% Bias Score

Reduced Inequality
edition.cnn.com
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"Trump Says He Won't Remove Federal Reserve Chair Powell"

"President-elect Donald Trump stated on NBC's 'Meet the Press' that he will not remove Federal Reserve Chair Jerome Powell, despite past threats and disagreements over interest rate policies."

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44% Bias Score

Decent Work and Economic Growth

Showing 781 to 792 of 849 results