Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets

Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate ...

Fed faces another tough rate decison with inflation and job data delay

October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What ...

Fed’s Beige Book Shows Cooling Labor Market, Softer Spending Ahead of December Rate Decision

The Federal Reserve’s latest Beige Book illustrates softening consumer spending and a labor market that has lost some ...

Gold near two-week peak as tepid US data fuels Fed rate cut bets

By Noel John (Reuters) -Gold prices rose more than 1% to a near two-week high on Wednesday, after benign U.S. economic data ...

Wholesale inflation was fairly tame before government shutdown, but PPI might not sway Fed rate-cut vote

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another ...

Why the Fed’s Next Interest Rate Move Is Becoming So Hard to Predict

What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll ...

Gold climbs to over one-week peak as hopes of Fed rate cut rises

By Anjana Anil and Noel John (Reuters) -Gold prices hovered near an over one-week high on Wednesday, after expectations that ...