Economy News

Although inflation showed limited improvement in November, futures contracts for federal funds suggest a nearly certain 25 basis point rate cut at the Federal Reserve’s meeting on December 17-18, according to analyst Megan Leonhardt.

The Federal Reserve is expected to approach rate cuts cautiously in 2025, with plans to end its quantitative easing cycle by mid-year, according to Bill Adams, chief economist at Comerica Bank.

The market is closely watching the U.S. Federal Reserve, with many speculating on a potential rate cut in the near future.

The U.S. Producer Price Index (PPI) for final demand increased by 0.4% in November, following a 0.3% rise in October and a 0.2% increase in September, according to the U.S. Bureau of Labor Statistics.

Rising inflation continues to challenge the U.S. economy, with housing costs playing a significant role.

In a surprising break from tradition, President-elect Donald Trump has invited Chinese President Xi Jinping to attend his upcoming inauguration, challenging over a century of diplomatic protocol.

Former Cleveland Fed President Loretta Mester suggests that the Federal Reserve may need to rethink its interest rate strategy in light of recent inflation developments.