Finance
· 3 articles
Notable
Follow-up to Fed official hints at a double-size December hike
Traders now fully expect a December Fed hike
Futures traders now fully expect the Fed to raise rates in December, after hot inflation data and one official's hint at a double-size move. They give that half-point hike 15% odds. The same inflation report ended four weeks of falling mortgage rates and pushed the average 30-year fixed rate up to 7.30%.
Sources
Fed officials weigh faster hikes after hot CPI
The whole story · updated
CN
CNBC
· 4d ago
Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes
AP
AP News
· 4d ago
As higher prices seep into broader economy, Fed officials consider faster hikes
CN
CNBC
· 4d ago
Mortgage rates jump sharply higher, after easing for four straight weeks. Here's why