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From: Finance Explained Simply
📰 Markets wobble as Fed signals fewer cuts in 2025
Today's Top 3 — 5 min read
Fed signals only two rate cuts in 2025
The Federal Reserve held rates steady but revised its forecast, rattling equity markets. The S&P 500 fell 1.2% on the news.
Nvidia posts record revenue — again
AI chip demand drove quarterly revenue to $35bn, beating estimates for the sixth consecutive quarter.
UK inflation ticks up to 2.6% in November
Services inflation remained sticky, complicating the Bank of England's timeline for further cuts.
+ 2 more stories, what it means for you, and this week's concept explained…
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