News

The US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping ...
Markets turning skittish with the Fed rate-cut decision on tap isn't that surprising. U.S. crude oil prices rose 1.6% to $71.19 a barrel. The 10-year Treasury yield climbed 2 basis points to 3.64%.
Considering the election results, we now assume a rate cut at every other meeting in 2025, for a total of 100 bps of easing, down from 150 bps previously.” The Best Cartoons on the Economy View ...
No matter the size, it will be the first rate cut from the Fed since early 2020. Former New York Fed president Bill Dudley said there's a "strong case" for a deeper cut as FOMC members attempt to ...
Fed rate cut and tech boom could lift markets but a choppy summer still looms, analyst warns. Francisco Velasquez. June 27, ...
U.S. Dollar Index climbs 3% post-election, targeting 107.303, while USD/JPY hits 155.2, raising BoJ intervention fears amid yen’s 3-month low.
It's the central bank’s third rate cut of 2024. The move reduces the Fed's target rate to between 4.25% and 4.5%. In its statement announcing the cut, the Fed now projects just two interest rate cuts ...
Atlanta Fed president open to a rate cut this quarter, but not sold yet. Raphael Bostic also said the Federal Reserve’s target of 2% inflation is the priority, even if it takes a small recession.
The Fed lowered its benchmark policy rate by 25 basis points to the 4.25% to 4.50% range, with officials signaling they would likely pause future rate cuts next year given a stable labor market ...
On Thursday, the S&P 500 soared 1.7% and the Dow Industrial Average jumped 1.2%, catapulting both indexes to record highs one day after the Fed handed down a half-point interest rate cut.
He also estimated that the current benchmark rate is about 1.25 to 1.5 percentage points above the "neutral" level. That's Fed-speak for: we might have over-tightened, and it could be time to ease up.
Bitcoin (BTC) surged to over $106,000 in early Asian hours, setting new all-time highs before quickly retreating to $104,500 amid concerns about the upcoming U.S. Federal Reserve (Fed) rate cut.