December Rate News Today

To start the year, goldman sachs came out and added a december rate hike to their forecast. they had previously been expected hikes in march, june, and september of this year. why is that? it seems to be the superstrong labor market data has made fed officials more sensitive to the risk that inflation turns out to be stronger than expected and less exstensive. lastly, furniture giant i key ha is seemingly ahead of the game here a little bit on dealing with the covid pandemic and they announced...

Nor is it gods plan for things to rise in the winter through the snow. gods plan is that things rise in the spring, and so if you want to be good withhe almighty, you might want to delay until may. >> the congressmans argument didnt seem to sway the fed chair, ver. so what to make of the markets or what do the markets make of the live possibility of a december rate hike? for that we turn to cnbcs steve sedgwick. steve, take it away. >> yeah, amy, the markets are just not sure. they were 50/50 an...

Unchanged. there was some slightly encouraging news from the central bank. for the first time in nine months, the bank actually improved the outlook for what is the worlds third largest economy now. meanwhi meanwhile, in china, the shanghai virtually flat today. big numbers out in the india indiana -- inflation front. numbers came in at 4.9% for the month of january versus expectation than 5%. its still higher than the december rate, though, the expectations are there will be further interest ra...