The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target mean the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Powell has been robust with the president-elect, but the inflation-reducing benefits of independence are not entirely safe in the US ...
A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively. Dow Jones ...
Another rate cut in December is “certainly on the table, but it’s not a done deal,” said Boston Fed President Susan Collins ...
The US Dollar (USD) continued to hover near recent highs amid Trump policy uncertainty, a possible return to US exceptionalism and less dovish Fedspeaks. DXY was last at 106.55 levels, OCBC’s FX ...
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
The FTSE 100 is expected to remain a battleground between buyers and sellers on a busy day for corporate reporting.