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May 1, 2024
Fed Rate Decision Today: No-Need-to-Cut Camp Is Feeling Emboldened By Bob Henderson The Federal Reserve announces its latest interest rate decision today and while no one expects a change,...
May 1, 2024
(Bloomberg) -- Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday:Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyFed to Signal Delay of Interest-Rate Cuts Federal Open Market Committee votes unanimously to leave benchmark...
May 1, 2024
(Bloomberg) — Bonds climbed after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying itโs unlikely the next move will be a rate hike. Treasuries also gained as the Fed agreed to slow the reduction in its bond portfolio. US two-year yields dropped below 5% as swap…
May 1, 2024
Citing a lack of further progress toward its 2 percent inflation objective in recent months, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged.
May 1, 2024
The Pound New Zealand Dollar (GBP/NZD) exchange rate inched sideways through Wednesdayโs European morning, holding onto the previous dayโs gains but struggling to climb further amid bearish risk flows.
April 29, 2024
Soaring Treasury Yields Challenge Stock-Market Gains New signs of lingering inflation have driven yields to the highest levels of the year. Forget Moonshots. Investors Want Profit Now. ...
April 29, 2024
Stocks Poised for Higher Open The week includes earnings reports from Apple and Amazon, a decision on interest rates from Federal Reserve policymakers, and Aprils jobs report. Soaring...
April 29, 2024
Yen Rebounds After Hitting 34-Year Low of 160 to Dollar in Thin Trade The Japanese yen bounced back sharply after briefly hitting a low of 160 against the dollar on waning expectations for...
April 29, 2024
Stocks risk a wild week with Big Tech earnings, Feds faceoff with inflation Magnificent Seven stocks are driving market volatility. It isnt the only worry. Yen Hits 160 to the Dollar ...
April 29, 2024
Stocks risk a wild week with Big Tech earnings, Feds faceoff with inflation Magnificent Seven stocks are driving market volatility. It isnt the only worry. Yen Rebounds After Hitting...