A US Supreme Court argument Monday is likely to provide clues about the fate of Federal Reserve Governor Lisa Cook, whom President Donald Trump has tried to fire in his push for more control over the central bank.

US stock futures held steady Sunday evening as Wall Street heads into a pivotal week dominated by the Federal Reserve's final policy meeting of 2025. The week ahead brings a raft of economic releases,

The FOMC meeting may shift long-end rates, pushing 30-year Treasuries toward 7% amid dissent and dot plot focus. Read more on the Fed's rate cut impacts.

The Federal Reserve’s preferred measure of inflation, called the PCE index, showed that inflation had risen 2.8% in September from a year ago.

With another Fed rate cut looming, it helps to know the recent history behind rate cuts and mortgage rate reactions.

The Fed is widely expected to cut interest rates for the third meeting in a row when it meets this week.

The Commerce Department's delayed September PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target ahead of a central bank decision next week.

Bond yields have risen in the week since Kevin Hassett's odds to lead the Fed have grown. Sources says bond markets are pricing in more inflation.

To best take advantage of the December Fed rate cut, homebuyers should first understand which big mistakes to avoid.

SINGAPORE, Dec 8 (Reuters) - The U.S. dollar steadied on Monday after two weeks of selling, ahead of a week crammed with central bank meetings and headlined by the U.S. Federal Reserve, where an interest rate cut is all but priced in but a divided committee makes for a wild card.

Economists and former Federal Reserve officials said they worry loyalty to the president will be a key factor in Trump's pick for the next chair.