Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping
US currency hits highest level in two years after central bank signals only half a percentage point of reductions in 2025
Read more at Financial Times
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News updates from December 18: Fed cuts rates but ‘hawkish’ forecast hits stocks; UK inflation accelerates in November
Financial Times - 1h -
Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.The New York Times - 1h -
Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.CBS News - 1h -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 2h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 5h -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 5h -
Investors brace for hawkish Fed rate cut – and more volatile markets in 2025
The spotlight Wednesday will be on Fed Chair Jerome Powell.MarketWatch - 9h -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3
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