The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...
A December interest rate cut is still up for debate, a senior US Federal Reserve official said Tuesday, suggesting that another rate reduction is not a foregone conclusion.
Borrowers barely felt interest rates budge after the Fed's first ratecut back in September, and they're not about to get a big bang for their buck Thursday when the Federal Reserve makes its ...