Investors dumped cash and bought stocks in December - BofA
Investors turned more bullish in December, buying stocks and reducing cash holdings on expectations the U.S.
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Investors turned more bullish in December, buying stocks and reducing cash holdings on expectations the U.S.
San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank's benchmark rate are likely be appropriate next year because of an improvement in
The sharp rise in inflation that forced global central banks to drive up interest rates at the fastest pace in decades looks poised to continue to subside in coming months, though risks
The average wage employers were willing to offer to workers surged to record levels in November, a report from the Federal Reserve Bank of New York said Monday.
BofA Global Research said on Monday that it expects the U.S. Federal Reserve to deliver four 25-basis point (bps) rate cuts next year, starting in March.
Federal Reserve Bank of Cleveland President Loretta Mester said financial markets had got "a little bit ahead" of the central bank on when to expect interest rate cuts, the Financial Times
A look at the day ahead in European and global markets from Wayne Cole.
The Congressional Budget Office projects U.S. economic growth to slow to 1.5% in 2024, with the unemployment rate seen rising to 4.4% next year from what it estimates will be a 3.9%
U.S. business activity picked up in December amid rising orders and demand for workers, which could further help to allay fears of a sharp slowdown in economic growth in the
Traders of futures contracts that settle to the Federal Reserve's benchmark rate pared bets on U.S. interest-rate reductions next year as New York Fed President John Williams told CNBC in
A look at the day ahead in U.S. and global markets by Amanda Cooper It's fair to say that markets have been holding on for the Federal Reserve to finally cave and agree with the extremely
The euro zone turned from trade deficit to surplus in October, non-adjusted data showed on Friday, as imports of energy in particular declined in value from a year earlier.
World markets head into year-end on a "buy everything" high, with the Federal Reserve signalling it will switch to rate cuts in 2024, propelling stocks and gold higher.
The Federal Reserve's signal on Wednesday that its interest rate hiking campaign is over triggered a drop in bond yields and a rash of market bets on U.S. rate cuts next year, marking a
The average interest rate on the most popular U.S. home loan fell this week to below 7% for the first time since August as Treasury market yields dropped sharply after the Federal Reserve
U.S. business inventories unexpectedly fell in October, suggesting that inventory investment could weigh on economic growth this quarter.
U.S. import prices fell for a second straight month in November amid decreases in the costs of energy products and motor vehicles, suggesting that import deflation could help to
A look at the day ahead in U.S. and global markets from Mike Dolan Judged by the sharp drop in the dollar, European central banks may find it hard to match the dovishness from the Federal Reserve
The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S.
The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last
HSBC said on Wednesday it expects the U.S. benchmark S&P 500 index to end 2024 at 5,000 points, representing an around 8% upside to the last close.
World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are unlikely to come down "anytime soon," which
A look at the day ahead in U.S. and global markets from Mike Dolan As Wall St waited optimistically for the Federal Reserve's latest nods and winks on future policy, Argentina took a
The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the Treasury Department said on