Fed rate hike: Barclays sees Fed raising rate in January instead of December
The brokerage cited softer-than-expected October employment data and dovish Fed commentary for the forecast push to next year.
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The brokerage cited softer-than-expected October employment data and dovish Fed commentary for the forecast push to next year.
Business News: Federal Reserve chief Jerome Powell suggested the US central bank is inclined to hold interest rates steady again at its next meeting while leaving op.
The community of Morro Bay will now have to pay more for their garbage pickup after the city council approved an increase.
Vermont’s largest electric utility, Green Mountain Power, says increasingly damaging storms are forcing it to make major upgrades to the state’s power grid that will...
"This morning's data pushed expectations for the first rate cuts further into late 2024, but failed to convince market participants of another hike this year, meaning that short-term yields - which play a dominant role in driving foreign exchange moves - remained relatively stable," Karl Schamotta, chief market strategist at Corpay in Toronto, said.