Hello and welcome to Yahoo Finance's special breaking news coverage of the December Fed decision. I'm Josh Lipton here with my colleague that would be Julie Hyman. We are just moments away from that Fed decision markets. Let's take a look at the popular average here. The Dow's up about 145 points. S&P 500 your broad gauge is basically flat right now. Tech heheavy NASDAQ is down about 4/10en of a percent. But this is it Julie the final monetary policy decision of the year. The economist Stephven Stanley, we ...

We made a decision today. We had, you know, nine out of 12 supported it. So, fairly broad support, but it's not like the nor normal situation where everyone agrees on the direction and what and what to do.Our two goals are a bit in tension. It's very unusual to have persistent tension between the two parts of the mandate. And when you do, this is what you see.Everyone around the table at the FOMC agrees that inflation is too high and that we want it to come down and agrees that the labor market has softened ...

Hello everyone. The Federal Reserve and Drone Powell, they made their big decision today. The US economy is booming.We got data on why buying all-time high stock prices may actually be a good idea. And Netflix's Ryan Sorant, he unpacks what's happening with home affordability in America. We're live today from the desk of Anthony Pompiano.Before we get into today's episode, I need your help. My goal is to get to 1 million subscribers on YouTube. That's a big, hairy, audacious goal, but with your help, I'm go ...

Well, the Dow's up 1% after the Fed cut rates and Fed Chair Powell saying the real division within the Fed now is whether to hold or cut versus any potential hike in the near future. Joining us now is Jeffrey's chief market strategist and CNBC contributor David Zervos. David, the president wanted a half a point cut here.Uh is this quarter enough. >> I think the quarter's uh you know being rejoiced a little bit in the market just because the the market was set up for this hawkish cut and they didn't get it. ...

Brazil’s central bank held its key interest rate steady at a nearly two-decade high as inflation forecasts run above target for the foreseeable future despite mounting signs of a slowing economy. https://t.co/0d9o5jgLcO ...

In the near term, risks to inflation are tilted to the upside and risks risks to employment to the downside. A challenging situation. There is no risk-free path for policy as we navigate this tension between our employment and inflation goals.A reasonable base case is that the effects of tariffs on inflation will be relatively short-lived, effectively a one-time shift in the price level. Our obligation is to make sure that a one-time increase in the price level does not become an ongoing inflation problem. ...

The FOMC raised its 2025 GDP estimate to 1.7% from 1.6% in September and raised its 2026 GDP estimate to 2.3% from 1.8% in September. The FOMC cut its 2025 core PCE price estimate to 3.0% from 3.1% in September and cut its 2026 core PCE price estimate to 2.5% from 2.6% in September.The Fed's "dot plot" of interest rate projections shows the median forecast for the fed funds rate is 3.375% for the end of 2026, implying one 25 bp rate cut next year, unchanged from September.The FOMC, as expected, cut the fed ...

So Jeffrey, you you so rightly told me last time that you were looking for a steeper yield curve. Um, and it's exactly what what we've gotten as you alluded to that. Why do you think rates have backed up on the long end the way that they have >> people are worried about the interest expense on the Treasury debt and they're worried about the fact that the budget deficit is 6.2% 2% of GDP while we're in an extended economic expansion.So they're worried that the interest expense is going to be out of control b ...

Inflation has eased significantly from its highs in mid 2022, but remains somewhat elevated relative to our 2% longerrun goal. Very little data on inflation have been released since our meeting in October. Total PCE prices rose 2.8% over the 12 months ending in September. And excluding the volatile food and energy categories, core PCE prices also rose 2.8%.These readings are higher than earlier in the year as inflation for goods has picked up, reflecting the effects of tariffs. In contrast, disinflation app ...

Federal Reserve Chairman Jerome Powell on Wednesday declined to comment on the upcoming Supreme Court decision that could shape the future of President Donald Trump's trade agenda. "It's not something I want to address here," Powell said during a press conference following the central bank's December interest rate decision. "It's before the courts and we don't think that we help matters by trying to engage," he added.When asked how the Fed would incorporate potential changes to growth and inflation should t ...