The Latest Breaking News from Interest Rates

December S&P 500 futures (ESZ23) are up +0.04%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.10% this morning as investors looked ahead to comments from Fed Chair Jerome Powell for more clues about the path of interest rates, while also gearing up for U.S. factory activity data.

December S&P 500 futures (ESZ23) are up +0.07%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.05% this morning as investors looked ahead to comments from Fed Chair Jerome Powell for more clues about the path of interest rates.

The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth

Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.

The report highlights the risk of a vicious cycle, where low interest rates fail to stimulate meaningful economic growth and cause a recession.

The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation.

Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising.

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate