Ahead of Fed Chair Powell's remarks, economists see a good chance of a December rate cut. "We still aren't seeing any resistance to a December rate cut," said Timothy Duy, chief U.S. economist at SGH ...
a set of decent retail sales numbers, but admittedly mixed manufacturing numbers leaves the prospect of a December Fed rate cut firmly in the balance. The jobs report will be key on 6 December ...
US retail sales rose 0.4% month-on-month in October, a touch higher than the consensus 0.3% MoM expectation while September’s growth rate was revised up to 0.8% from 0.4%. A big 1.6% MoM increase in ...