November CPI Data Takes Center Stage Ahead of Fed Meeting: Will Disinflation Excitement Persist?
Economists expect Nov CPI data to show slowest inflation rate since June & set the stage for a potential eventful Fed Dec meeting.
Federal Reserve Critical Meet On Wednesday: Will Powell Signal Rate Cuts For H1 2024?
The final policy meeting for the Federal Reserve will most likely end with the decision to hold interest rates where they are.
US Stocks Jaded After 6 Straight Weekly Gains: Ahead Of Fed Meet, Analyst Explains Why ‘Higher For Longer’ Is Best Bet Now
The prevailing sentiment is cautious, with attention turning to Treasury auctions, particularly the 10-year notes, and the market's response to them.
Ahead Of Next Week’s Fed Meeting, Larry Summers Says ‘Overwhelming Evidence’ Supporting Rate Cuts Not Yet There, Advises Central Bank To Be ‘Very Deliberative And Careful’
Larry Summers says it's too early to call inflation victory as the economy remains robust and pricing pressure has yet to ease significantly.
Stock Market Inches Higher, AI Race Heats Up, Jamie Dimon Slams Bitcoin: The Week In The Markets
U.S. stock market managed to close its sixth straight week of gains, with S&P 500 at highest level since January 2022.
US Stocks Reacts To Upbeat Economic Data, Dollar Rebounds As Yields Surge: What’s Driving Markets Friday?
Wall Street extended its gains on Friday as better-than-anticipated economic data alleviated concerns of an impending economic slowdown.
Chances Are You’re Wrong On Bidenomics: Survey Finds Wildly Concerning Views About Wealth, Income And Jobs
Americans wrong about economy: hard data shows it's thriving despite perceptions of unemployment, poverty, consumer spending.
Index Futures Fall, Dollar Rallies As Labor Market Strength Dampens Fed Rate Cut Speculation
U.S. equity futures take a sharp downturn after unexpected strength in labor market, with traders questioning aggressive rate cut bets & traders adjusting expectations for a Fed rate cut in March 2024 to 49% chance.
November Jobs Report Outruns Expectations, Unemployment Drops, Jeopardizing Rate Cut Bets
This latest jobs report could potentially jeopardize aggressive market bets on a wave of Federal Reserve interest rate cuts in 2024 that are driven by concerns about an economic slowdown.
Dollar Dives Vs. Yen: BoJ Governor Signals End In Sight For Negative Interest Rates
USD/JPY fell 2.6% after BoJ Governor Ueda suggested ending negative interest rate policy.