Atlanta Federal Reserve President Raphael Bostic is open to pausing rate cuts if economic data suggests inflation remains high. Recent reports, including a hot September jobs report and consumer...
September’s strong payroll report has quelled recession fears, with a boost of 254,000 jobs, far exceeding expectations of 150,000. This solid job growth strengthens the outlook for a soft landing...
Despite the Federal Reserve's recent half-point interest rate cut, Treasury yields—particularly the 10-year notes—have risen, signalling potential concerns. Market professionals attribute this to...
Bank of America reassured investors that concerns about the market rallying too much before the recent Federal Reserve rate cut are unfounded. Following the Fed's first interest rate cut in years,...
The Federal Reserve is expected to make its first interest rate cut since it began raising rates in March 2022, with the current rate between 5.25% and 5.5%. Investors hope the cut will help...
The August nonfarm payrolls report showed only 144,000 new jobs, which has largely confirmed that the Federal Reserve will cut interest rates this month, but it's unclear by how much. Markets had...
In July, inflation edged up slightly, with the personal consumption expenditures (PCE) price index rising 0.2% monthly and 2.5% annually, matching the forecast. Core PCE, excluding food and energy,...
The upcoming July personal consumption expenditures (PCE) index could confirm the Fed's progress towards its 2% inflation target. Economists expect a slight increase in PCE, which might shift focus...
Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium in Wyoming is anticipated to clarify interest rate trends, amid a volatile market recovery. Despite...
The US dollar rose on Thursday after unemployment claims dropped, easing recession fears. Initial jobless claims fell to 233,000 for the week ending August 3, suggesting the labour market is stronger...
