Latest in Killing Fed Expected
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Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.CBS News - 11m -
Stocks plunge following Fed inflation projections
Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.NBC News - 37m -
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 - 2h -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 7h -
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 - 2d -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 2h -
Watch live: Powell gives remarks on expected interest rate cut, Fed's 2025 outlook
Federal Reserve Chair Jerome Powell is set to hold a briefing Wednesday afternoon as the central bank is set to cut interest rates for a third time. The decision comes as inflation picked up ...The Hill - 3h -
The Fed has a big interest rate decision coming Wednesday. Here's what to expect
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.CNBC - 5h -
Fed expected to make another cut in final interest rate decision of 2024
The Federal Reserve on Wednesday will make its final interest rate decision of 2024 with a 0.25 percentage point cut expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 7h -
Suspect in Russian general's killing and Fed expected to cut interest rate: Morning Rundown
The Federal Reserve is expected cut the key interest rate by a quarter-point.NBC News - 9h -
Mortgage rates inch up ahead of Fed meeting
Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.MarketWatch - 10h -
Fed Expected to Cut Rates, and C.E.O. Shooting Suspect Branded Terrorist
Plus, a beefy new skin care trend.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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Breaking down Luigi Mangione's expected extradition process
Luigi Mangione is still in custody in Pennsylvania as the timing of his extradition to New York remains in the air. CBS News' Lilia Luciano breaks down what's known about the suspect's legal ...CBS News - 5d -
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 - 5d -
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 - 5d -
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 - 6d -
Here’s what’s expected to drive gold’s performance in 2025
Policy changes will be just one of the key factors for gold next year, says the World Gold Council.MarketWatch - 6d -
Thune expects tax package by summer: 'Failure is not an option'
Incoming Senate Majority Leader John Thune (R-S.D.) reaffirmed his objective to prioritize swift tax reform in the 119th Congress as well as legislation supporting border security and the energy ...The Hill - Dec. 11 -
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 - Dec. 11 -
Sources: Raptors' Barnes expected to miss weeks
Raptors forward Scottie Barnes is expected to miss several weeks with a right ankle injury, sources told ESPN.ESPN - Dec. 11 -
Holiday travel expected to break records again
The end-of-the-year holiday travel rush begins next week and AAA is expecting more than 119 million travelers. Most, 107 million, will drive, with gas prices nearly $.15 cheaper than a year ago.CBS News - Dec. 11 -
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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 - 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 -
TUI Shares Slip on Slower Growth Expectations
The travel operator guided for a lower rate of growth in the current fiscal year, despite posting a jump in profit for fiscal 2024 on strong demand.The Wall Street Journal - Dec. 11 -
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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 - Dec. 10 -
Report: Giants expected to be ‘significant players' for Sasaki
The San Francisco Giants reportedly are expected to be "significant players" for coveted international amateur pitcher Roki Sasaki.Yahoo Sports - Dec. 8 -
Amorim forced to Man Utd 'manage expectations'
Ruben Amorim has said he is having to "manage expectations" after suffering his first defeat as Manchester United head coach.ESPN - Dec. 6 -
U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - Dec. 6 -
A rebound is expected after the previous month’s disruptions.
The resolution of the Boeing strike, and recovery from storms in the Southeast, are predicted to produce a gain in monthly payroll data.The New York Times - Dec. 6 -
GOP greets DOGE with excitement but expects 'friction'
Capitol Hill Republicans are clamoring to get in on the "DOGE" action after President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of his administration’s “Department of Government ...The Hill - Dec. 5 -
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 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2
