#wallstreet #fed #yahoofinance
The Federal Reserve officials are set to convene in Washington, D.C., for their December Federal Open Market Committee (FOMC) meeting next week, with investors anticipating central bank officials to cut interest rates by 25 basis points. However, the future trajectory of monetary policy remains uncertain as progress on inflation has stalled. This development may prompt the Fed to adopt a more measured approach to monetary easing in the coming months.
After the release of November’s Consumer Price Index (CPI) earlier this week, former Cleveland Fed President Loretta Mester told Yahoo Finance that the Fed’s rate policies may need to be "rethought."
Yahoo Finance Fed reporter Jennifer Schonberger explores various economic perspectives and potential scenarios surrounding the upcoming monetary policy decisions.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Angel Smith
Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
