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 cut at the central bank's Dec. 9-10 policy meeting.

European shares clock monthly gains on Fed rate cut hopes

By Anastasiia Kozlova, Purvi Agarwal and Tharuniyaa . (Reuters) -European shares ended higher on Friday, capping a strong ...

Fed faces another tough rate decison with inflation and job data delay

October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What ...

Week Ahead for FX, Bonds: U.S. ISM, ADP Data in Focus as Fed Rate Cut Looks Likely

U.S. ISM surveys on manufacturing and services activity, plus the latest ADP private payrolls, will be watched closely for ...

US dollar set for worst week since July as Fed rate cut looms

The U.S. dollar was heading for its worst weekly performance since late July on Friday as traders increased bets that the ...

Wholesale inflation was fairly tame before government shutdown, but PPI might not sway Fed rate-cut vote

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another ...

Gold price bullish at 126,900 levels as Fed-driven rate cut optimism rises; Silver reaches a new all-time high

The price of December gold futures on the Multi Commodity Exchange (MCX) closed Friday at Rs 1,26,960 (11:58 p.m) per 10 ...