October Jobs Report Expected To Show Dip — Here’s How Markets May React
Traders await the October jobs report from the Bureau of Labor Statistics on Friday, keen for insights that could sway expectations of the Fed's interest-rate decisions.
Israel-Hamas War, Day 27: IDF’s Ground Incursion In Gaza Intensifies, Iran Accuses US Of Being ‘Main Cause’ Of Crimes
It has been 27 days since the tragic events of Oct. 7 when the Palestinian terrorist group of Hamas conducted a series of deadly attacks in Israel and abducted 240 hostages who are still held in Gaza, triggering military responses from Tel Aviv’s army.
Here are the most recent developments in this ongoing conflict:
Fed’s Rate Pause Continues, Powell Sends Mixed Signals: What Economists Predict Will Follow Next
The Federal Reserve announces its decision to keep the federal funds rate within the range of 5.25% to 5.5%.
Jerome Powell Weighs In, Bond Bulls Return: What You Need to Know About The Fed’s Latest Move
Fed Chair Jerome Powell's press conference Wednesday sparked a relief rally in stocks, with an ETF following tech stocks gaining 1.5%.
Treasury’s Refunding Statement Hints At Increased Issuance In More Liquid Parts Of Yield Curve
The US Treasury's Refunding Statement hinted at increased issuances in more liquid parts of the yield curve.
‘This Won’t End Well:’ Elon Musk Reacts After Chamath Palihapitya Calls Out Treasury, Fed For ‘Huge Fiscal And Monetary Failure Of Action’
Treasury yields have been surging as the Fed funds rate remains elevated and the funding needs of the government continue to go up.
Fed Meeting Preview: Bank Of America Expects One More Interest Rate Hike, And Here’s When It’s Going To Happen
The Fed is unlikely to issue another interest rate hike before the end of 2023, in the view of the vast majority of market participants, but Bank of America has a different expectation.
Treasury Department Reduces Q4 Borrowing Forecast Down To $776B, But Still Raises Eyebrows
The U.S. Treasury scales back its Q4 borrowing prediction to $776B, but the hefty figure continues to draw attention and concern.
Will Treasury’s Upcoming Monster Borrowing Plans Outshine Fed’s Interest Rate Call?
Investors are widely expecting the Fed to leave interest rates unchanged Wednesday and are instead focusing on the Treasury bond supply, a Wells Fargo strategist says.
Israel-Hamas War, Day 24: Israel Expands Operations In Gaza, UN To Hold Emergency Meeting, World Bank Sees Surging Oil Prices
The United Nations Security Council is convening Monday to discuss Israel's ground invasion of Gaza, while the World Bank is projecting a substantial increase in oil prices as a result of the conflict.