Prices
- The case for more Fed rate cuts could rest on a 'systemic overcount' of jobs numbers - There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
- Delivery Hero stock jumps 6% as food delivery giant mulls strategy; European shares mixed - European stocks were mixed on Wednesday as global investors gear up for the U.S. Federal Reserve's interest rate decision.
- Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows - The December survey shows 84% believe President Trump will tap Hassett, director of the National Economic Council, to head the central bank.
- Bessent says U.S. will finish the year with 3% GDP growth, sees 'very strong' holiday season - Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.
- Euro zone inflation up a notch to 2.2% in November, flash data shows - Euro zone inflation stood at 2.2% in November, a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday.