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 ...

Suddenly, the Fed interest rate cut in December looks like it is very much back on the table

Last week, Wall Street seemed to have decided that a December cut was off the table. Today speculators put the probability of ...

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.

Will Fed cut interest rate in December? Kalshi offers trading market for December financial decision

The Fed is set to meet Dec. 9-10 and market watchers are predicting a repeat of October’s move when the rate was cut by .25 percentage points, lowering the target range to 3.75% to 4%. At the time of ...

Wall St Ends Higher on Growing Bets for December Fed Rate Cut

"The other factor is, in the last few days, Wall Street has pivoted backward rather strongly to the notion that the Fed's ...

Fed splits ahead of key December meeting as rate-cut debate grows

The odds of a December interest-rate cut have rebounded sharply. Traders are pricing in an 84.9% chance of a ...

Gold steadies at near two-week high as investors weigh Fed rate-cut bets

Gold was broadly steady on Thursday after hitting a near two-week high in the previous session, as market participants ...

Top Fed Official Boosts Odds of a December Rate Cut

John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ...

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 ...

Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of ...

Where Do Fed Policymakers Stand on a December Rate Cut?

Next month’s interest-rate decision by the Federal Reserve could be an unusually close call, though in recent days investors ...

Wall Street extends gains as Fed rate-cut bets for December grow

Wall Street's main indexes rose for a fourth consecutive session on Wednesday, as investors parsed fresh economic data and ...