Traders now see just one Fed rate cut this year
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this year, backing away from earlier bets on two rate cuts starting in June, after government data showed the labor market remains strong and a closely-watched survey showed a jump in consumers' inflation expectations.
Solid January Jobs Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed interest rate cut in March is now very unlikely.
Jobs report surprise could upend Fed rate cut bets in coming months
The U.S. economy added a smaller-than-expected tally of new jobs last month, but a sharp jump in wage growth and revisions tied to population changes and immigration make for a noisy report that might not indicate broader strength in the labor market.
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4.1 percent after rising over the summer. The number of Americans out of work and filing for weekly benefits remains low, too.
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could force the central bank to act.
January Jobs Report Keeps Fed in Wait-and-See Mode
The January jobs report is unlikely to divert the Federal Reserve from its wait-and-see mode on interest-rate cuts. The combination of firmer payroll readings at the end of 2024 with a [step down in h
Credit cards, savings and mortgages: How rate cut affects you
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India’s central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
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Mexico inflation slows in January as central bank steps up rate cuts
Mexico's annual inflation rate slowed slightly more than expected in January, official data showed on Friday, after the ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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Price hikes may offset RBI's rate cut benefits, says FADA's Sai Giridhar
The Reserve Bank of India (RBI) has slashed its benchmark lending rate by 25 basis points. This is its first such move in ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Norway Housing Prices Rise the Most Since 2022 as Rate Cuts Loom
Norway’s adjusted home prices grew at the fastest pace in three years as a loosening of mortgage rules and an expected start ...
Indian stocks dip as rate cut leaves investors wanting more
By Bharath Rajeswaran (Reuters) -Indian benchmark indexes fell on Friday as a widely expected interest rate cut failed to ...