US Treasury To Borrow $243B More This Spring: Dollar Climbs, Stocks Trim Gains
U.S. Treasury expects to borrow $243 billion in Q2 2023, $41 billion more than previous estimate. Market reactions include rise in yields and dollar.
Fed’s Key Inflation Indicator Hits 2.8%, Dashes Rate Cut Hopes; Traders On Alert
PCE inflation index rose more than expected in March, delaying rate cut expectations and causing market reactions. Fed's preferred gauge of inflation and key highlights.
Retail Sales Rises More Than Expected In March, Indicate Strong Consumer Spending
Retail sales growth increase more than expected, showing consumer resilience despite inflation. U.S. stock futures rise on Monday.
Stocks Sink On Worrisome Inflation Data, Yields Spike On Rate Cut Delays, Dollar Rallies: What’s Driving Markets Wednesday?
An inflation surprise greeted investors on Wednesday, sparking significant apprehension about the future of interest rates.
Inflation Rises More Than Expected To 3.5% In March, Derails June Rate Cut Hopes
US inflation rate surges to 3.5% in March, higher than expected, leading to a possible delay in interest rate cuts and affecting markets.
March’s ‘Blowout’ Jobs Numbers Underscore ‘American Exceptionalism’: 5 Economists Analyze 2024 Rate Cut Implications
US labor market beats expectations with 303,000 jobs added in March, sparking debate on potential Fed rate cuts and stock market impact.
Private Employment Grows By 184,000 In March, Tops Expectations: ‘Pay Is Heating Up’
US private businesses added 184,000 jobs in March, surpassing expectations. ADP report shows growth in construction, finance, and manufacturing.
US Manufacturing Activity Hits Highest Growth In 18 Months: ‘Clear Signs Of Improving Conditions’
US manufacturing activity in March 2024 exceeds expectations, triggering a dollar rebound and potential impact on Fed's rate cuts. Stocks weaken.
Fed’s Waller Sends Shiver Down Investors’ Spines: ‘There Is No Rush To Cut’ Interest Rates
Waller opposes rate cuts and has a cautious approach to Fed interest rates. Uncertainty in inflation progress, data-driven policy.
US Companies In Japan Wary On Market Intervention As Yen Hits 34-Year Low Vs. Dollar
The Japanese yen fell Wednesday to a 34-year low against the dollar, which is a boon for exporters, but imports are more expensive.