Fed’s Rate Move - QuikReader

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 - Dec. 11

Annual inflation rate accelerates to 2.7% in November, as expected

The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.

CNBC - Dec. 11

Inflation ticks higher as Fed eyes another rate cut

Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...

The Hill - Dec. 11

Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged

Everyday Americans still expect sticky inflation in the coming years.

Inc. - Dec. 11

Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?

Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.

MarketWatch - Dec. 11

Gómez's Miami-Brighton move sets MLS record

Brighton have agreed to sign 21-year-old Diego Gómez from Inter Miami, the Premier League club said Tuesday.

ESPN - Dec. 11

European Central Bank heads for last rate cut of year — but jumbo move seems off the table

The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.

CNBC - Dec. 11

Sources: Arsenal consider move for Dan Ashworth

Arsenal have added Dan Ashworth to a list of possible candidates for their vacant sporting director position following his sudden departure from Manchester United, sources have told ESPN.

ESPN - Dec. 11

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 - Dec. 10

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 - Dec. 10

These US cities will pay you to move there

These five places will pay you thousands of dollars to move there.

The Hill - Dec. 10

Ashtead to Move Listing to U.S., Cuts Guidance

The equipment rental company cited commercial construction dynamics in the U.S. for lowering its guidance and said the country is its natural long-term listing venue.

The Wall Street Journal - Dec. 10

Biden moves on drilling in wildlife refuge but minimizes acreage

Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden moves on drilling in wildlife refuge but minimizes acreage The Biden administration is ...

The Hill - Dec. 9

Grassley tells Wray it's time to move on 'for the good of the country'

Incoming Senate Judiciary Chair Chuck Grassley (R-Iowa) told FBI Director Christopher Wray on Monday he has a “vote of no confidence” in his leadership, saying it’s time for him to “move on.” The ...

The Hill - 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

Lockerbie wreckage moved to US for bombing trial

Abu Agila Masud is accused of making the device that blew up Pan Am Flight 103 in 1988, killing 270 people.

BBC News - Dec. 9

Arsenal ratings: Lackluster Gunners drop points

Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.

ESPN - Dec. 8

How fast will the ECB lower interest rates?

Market Questions is the FT’s guide to the week ahead

Financial Times - Dec. 8

Green new deal: Dubs move Draymond to bench

The Warriors moved Draymond Green to the bench in favor of Jonathan Kuminga for the time being, but the change did not provide instant success as Golden State falls at home to Minnesota.

ESPN - Dec. 7

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

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

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

Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut

A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.

MarketWatch - Dec. 5

South Korea's opposition parties move to impeach president

After South Korean President Yoon Suk Yeol shockingly declared martial law on Tuesday, opposition parties Wednesday sought to impeach him. While South Korea's reputation as a democratic stronghold ...

CBS News - Dec. 4

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

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

Fed commentary, Foot Locker, ADP jobs data: What to Watch

Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...

Yahoo Sports - Dec. 3

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

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

House Democrats move to oust aging committee leaders

Candidates for the positions have stressed the need to be able to effectively counter President-elect Donald Trump and Republicans in Congress.

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

Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."

CNBC - Dec. 2

College football brawls after controversial flag moves

Several players for some popular college football teams around the U.S. took to fighting as a controversial flag move grows in popularity. USA TODAY's Dan Wolken joins CBS News with more on the ...

CBS News - Dec. 2

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

Kids worked overnight shifts at pork processing plant, feds find

Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.

CBS News - Dec. 2

Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation

Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.

NBC News - Dec. 2