What the Fed could do is enact the December cut, skip January, as traders are anticipating, and maybe cut once more in early 2025 before taking a break, said Tom Porcelli, chief U.S. economist at ...
Tom Porcelli, chief US economist at PGIM fixed income, told Bloomberg TV on Friday: 'This is a kind of number that will support the Fed cutting rates in December.' He added that two or three more ...
Brief anchors Seana Smith and Brad Smith analyze Wednesday morning's key market developments. The December Consumer Price Index (CPI) report shows headline inflation aligned with expectations, while ...