Interest rates could be 3 percentage points higher under Trump
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
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Asian markets fluctuate at end of tough week
Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while traders also contemplated a hawkish Trump presidency. The tepid performance ...
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market ...
2-year Treasury yield jumps after the close, with Powell patient about rate cuts
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
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Bitcoin speculative fervour cools, traders await next Trump steps
The speculative frenzy around Bitcoin since Donald Trump’s US election victory is moderating both in the spot and derivatives markets.
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Why is the euro falling and could it hit $1?
The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s US election win raises ...