How economists and market bets for BoC rate cuts are reacting to today's inflation data
Money markets ease back bets of rate cuts next year as CPI unexpectedly strong
Source: theglobeandmail.com
November Consumer News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In November Consumer Today - Breaking & Trending Today
Fed Chair Stressed Progress Toward 2.0% Inflation Goal Not Assured
Despite this two-sided risk, the Fed Chair stressed that progress toward to 2.0% goal is not assured and that the Fed won’t hesitate to tighten policy further if this would turn out to be appropriate. On broader financial conditions, Powell indicated that the Fed takes higher long-term yields into account, but it depends on how long the market move lasts.
Source: actionforex.com
Economists Expect Lower Consumer Inflation in November Ahead of CPI Report
Ahead of the release of the November inflation report, Treasury yields were high on Monday, the same as stocks.
Source: coinspeaker.com
The Week Ahead: Georgia Elections, December Jobs and 8 Earnings Reports to Watch
The Week Ahead: Georgia Elections, December Jobs and 8 Earnings Reports to Watch It's time to start a new trading year. Jan 03, 2021 | 09:15 AM EST We have finally closed the books on 2020, a year that we can safely say was unlike any other. As investors and traders return from the holiday weekend, the agenda for the week includes a host of events, reports and earnings releases that are likely to influence the market. On Tuesday, the important Georgia Senate runoff elections take place, with the balance of power in that government chamber at stake and major implications for U.S. polit...
Source: thestreet.com