STORY US Fed begins easing cycle with half-point rate cut amid weakening job marketSHOOTING TIME June-September 2024DATELINE Sept 20 2024LENGT ...
By Hardika Singh The Federal Reserve's quarterly projections showed a narrow majority of officials penciled in cuts that would lower rates by at least a quarter-point each at meetings in November and ...
Euro zone government bond yields increased slightly as investors turned attention to upcoming economic data following the ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
The GBP/USD outlook shows solid bullish momentum after a supersized Fed rate cut and a pause by the Bank of England.
U.S. stock markets rallied sharply higher on Thursday after the Fed cut the benchmark lending rate by 50-basis point a day before. A strong labor market data also bolstered investors’ confidence on ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen ...
The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Twenty-four little hours / Brought the sun and the flowers / Where there used to be rain,” sings Dinah Washington. She could’ve been singing about markets.
Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...