Fed officials are divided over whether to cut interest rates again in December, according to minutes from the central bank’s last policy meeting. “In discussing the near-term course of monetary policy, participants expressed strongly differing views about what policy decision would most likely be appropriate at the Committee’s December meeting,” the minutes read. While “most” members of the Fed thought that lowering rates at the December meeting would be appropriate as the central bank moves rates toward ...

I would say hawkish minutes from that October meeting and maybe more hawkish than the market already expected. Many at this meeting in the October meeting suggested it was appropriate to keep the funds rate unchanged for the rest of the year. Only several supported further cuts.These are confusing minutes with a lot of back and forth. Clearly there was a big debate at this meeting about the October cut and about December cuts. Let me go through some of the headlines.Most were concerned that rate cuts could ...

US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of Donald Trump’s economic agenda.Officials relayed these messages over the last several days to stakeholders in the government and private industry, according to two people with direct knowledge of the matter and a third person briefed on the conversations. A fourth person following the matter also said the administration was taking a more cautious approach to avoid provok ...

You know, you just heard Steve Leeman at the top saying these minutes were to him a little confusing. The Fed seems divided. I mean, all the data is all the same for everybody.So, it's weird to see a lot of the same people with the same data with very different conclusions. >> Yeah, I'll tell you what. Uh, I glanced over most of the major headlines and read through as much as I could before I was on air and I don't see at all the hawkishness that Steve sees.Here's what I saw. I saw likely not appropriate. T ...

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday.At the same time, many officials said “it would likely be appropriate” to keep rates “unchanged for the rest of the year,” a sign of strong divisions among policymakers about the central bank’s next steps.Rate cuts by the Fed, over time, typically lower borrowing costs for mortg ...

As anyone starts to wade into retirement, the first financial things on their mind are likely all about how to handle market volatility and inflation. ...

to show you why retail isn't really here, right. To kind of explain like, hey, the reason social interest is at zero like it was back in 2019 is because Main Street's hurting. And in order for Main Street not to be hurting, we need to we need for them not to be so worried about the labor market. We need them to not be so worried about inflation.Um, we need lower rates. But the issue is that over a long enough period of time, the only way the politicians know to solve our issues is to print more money. So ye ...

Treasury Secretary Scott Bessent popped up on the Maria Bartiromo program on Fox Business on Sunday, and then with Bret Baier on Fox News on Tuesday night. And both times he came supposedly bearing good news about inflation. ...

Group 1: Economic Insights - Bank of Canada Deputy Governor Sharon Vincent highlighted the urgency of Canada's weak productivity, describing it as a systemic issue that creates a vicious circle affecting economic goals [2][8] - Vincent emphasized that higher productivity is essential for increasing incomes and maintaining stable inflation, linking labor costs and productivity to inflationary pressures [2][8] Group 2: U.S. Job Market Developments - The U.S. Bureau of Labor Statistics canceled the October 2025 Employment Situation Release and rescheduled other key jobs reports, leading to a decline in market expectations for a December Fed rate cut [3][8] Group 3: Corporate Investments - Novartis AG announced a $23 billion investment in U.S. infrastructure over the next five years, including a new manufacturing hub in North Carolina aimed at producing 100% of its key medicines domestically [4][8] - Saudi Aramco signed 17 MOUs and agreements with U.S. companies, with a potential value exceeding $30 billion, focusing on sectors such as LNG and advanced materials manufacturing [5][8] - A joint venture was launched by AMD, Cisco, and Humain to build 100MW data centers [5][8]

A rate cut for Christmas? Inflation data today may allow the Bank of England to cut rates in December (though it's not certain). The Chancellor must help not hinder them. Get the Readout with @allegrastratton https://t.co/8GFBkcpxvl ...