Latest in Expect Fed's Interest
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Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.The New York Times - 10h -
Here's what to expect from the Fed's interest rate decision this week
The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.CBS News - 6h -
Feds are moving to improve airline travel for people with disabilities
New rule is department's latest effort to improve commercial air travel for passengers with disabilities. Here's what's in it.CBS News - 7h -
FirstFT: Economists expect a more cautious approach from Fed
Also in today’s newsletter, how Assad airlifted $250mn of Syria’s cash to Moscow and chipmakers Arm and Qualcomm face off in courtFinancial Times - 15h -
Holiday travel expected to break records
The end of 2024 is expected to be the busiest holiday travel period on record, as experts predict it will narrowly beat the record set in 2019. Kris Van Cleave has more on the nation's travel plans.CBS News - 1d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 1d -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 3d -
This Wall Street firm nailed its Fed forecast for this year — now it’s expecting a surprise in 2025
Citi is expecting more Fed easing than the market expects and rising joblessness.MarketWatch - 3d -
China's Xi not expected at Trump's inauguration
President-elect Trump invited Xi to the swearing-in ceremony shortly after winning the election.CBS News - 4d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 4d -
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - 4d -
Countering China: Foreign aid in America’s national interest
Like Japan, the United Kingdom and France, the United States must have a more direct alignment between its foreign aid and commercial interests.The Hill - 4d -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 5d -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - 5d -
College closures expected to spike amid 'unprecedented fiscal challenges,' Fed research finds
With enrollment falling, a growing number of colleges are in financial jeopardy.CNBC - 5d -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - 6d -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - 6d -
SiriusXM Expects Revenue to Decline in 2025
SiriusXM expects to bring in less revenue next year than in 2024, according to the company’s latest guidance.The Wall Street Journal - 6d -
Person of interest in killing of UnitedHealthcare CEO in custody
Luigi Mangione, a man arrested in Pennsylvania, is being questioned in connection with the murder of UnitedHealthcare CEO Brian Thompson in New York City, police say.CBS News - Dec. 9 -
'Strong person of interest' arrested in killing of UnitedHealthcare CEO
'Strong person of interest' arrested in killing of UnitedHealthcare CEO Authorities in Altoona, Pa., announced that they had arrested Luigi Mangione on gun charges at a McDonald's in the killing ...NBC News - Dec. 10 -
Person of interest in CEO shooting walks into courthouse for arraignment
Luigi Mangione, the man police say is a person of interest in the shooting of UnitedHealthcare CEO Brian Thompson, was walked into the courthouse in Pennsylvania for a preliminary arraignment.NBC News - Dec. 9 -
Police Arrested a ‘Strong Person of Interest’ in Killing of C.E.O.
Also, rebels asserted control in Syria. Here’s the latest at the end of Monday.The New York Times - Dec. 9 -
Report: Sabres Star Has Generated Trade Interest
According to NHL insider Elliotte Friedman, this Sabres forward is generating a lot of interest.Yahoo Sports - Dec. 9 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Trouba Casts Doubt on Reported Red Wings Interest
In an interview with ESPN, Jacob Trouba—newly traded from the Rangers to the Ducks—questions Detroit's reported interest in acquiring himYahoo Sports - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Spurs' Postecoglou has 'no interest' who backs him
Tottenham manager Ange Postecoglou has said he has "no interest in who is behind me" following an argument with a group of fans after Thursday's 1-0 defeat at Bournemouth.ESPN - Dec. 6 -
Details on person of interest in UnitedHealthcare CEO shooting
A multistate manhunt is in its third day after the murder of UnitedHealthcare CEO Brian Thompson outside a New York City hotel Wednesday. CBS News' Anna Schecter has the latest on the case.CBS News - Dec. 6 -
Postecoglou has 'no interest' whether fans back him
Tottenham Hotspur boss Ange Postecoglou says he is not interested in whether fans back him after he was confronted by supporters.BBC News - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Police address renewed interest in JonBenét Ramsey case
Netflix’s documentary series “Cold Case: Who Killed JonBenét Ramsey” that re-examines the 1996 killing of the 6-year-old is raising new hope among investigators to bring closure. Boulder police ...NBC News - Dec. 3 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
