Fed Governor Bowman says December interest rate cut should be the last

What savers should do now with interest rates on pause

A rise in inflation all but assures a pause in interest rate cuts. Here's what savers should do in the interim.

CBS News - Jan. 16

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.

CNBC - Jan. 16

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

CNBC - Jan. 16

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The New York Times - Jan. 15

Core inflation rate slows to 3.2% in December, less than expected

The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.

CNBC - Jan. 15

BoE may need to speed up rate cuts in coming year, policymaker says

Alan Taylor says stalling UK economy raises risks that five or six reductions will be needed

Financial Times - Jan. 15

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

CPI edged higher in December, complicating the Fed's rate decision

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

CBS News - Jan. 15

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The New York Times - Jan. 15

A global bond sell-off is deepening as investors pare Fed rate-cut expectations

A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.

CNBC - Jan. 14

Should you open a long-term CD before the January Fed meeting?

A long-term CD offers unique benefits to savers now. But should they rush to open one before the next Fed meeting?

CBS News - Jan. 13

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - Jan. 13

India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.

CNBC - Jan. 13

FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Financial Times - Jan. 13

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

U.S. stocks are down so far in 2025 as market volatility climbs.

MarketWatch - Jan. 11

Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...

MarketWatch - Jan. 10

The unemployment rate for Black women fell in December, following a sharp rise

Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.

CNBC - Jan. 10

U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%

Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.

CNBC - Jan. 10

Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.

CBS News - Jan. 10

U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%

The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...

NBC News - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - Jan. 9

HELOC interest rates drop to 18-month low: Should you open one now?

HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.

CBS News - Jan. 9

What's a good home equity loan interest rate in 2025?

With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.

CBS News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - Jan. 9

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - Jan. 9

December jobs report forecast is 155,000. But here’s the number investors really should watch.

Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.

MarketWatch - Jan. 9

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - Jan. 8

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.

MarketWatch - Jan. 8

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