Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...
Shortly after a fresh inflation report, federal-funds futures showed an increased probability that the Federal Reserve will lower its benchmark interest rate in December. The probability of a ...
There is another CPI report due the day before the FOMC meeting, and the payrolls report for November will also be crucial after the October report was disrupted by weather events. In the aftermath of ...