U.S. producer prices fell by the most in three-and-a-half years in October amid a sharp drop in the cost of gasoline, the latest indication of subsiding inflation pressures.
A look at the day ahead in U.S. and global markets from Mike Dolan Relief at the resumption of disinflation triggered the best day for U.S. stocks and bonds since the spring as Fed rate hike bets
Australia said on Wednesday China could lift all its remaining trade blocks by next month as relations between the commodity trade partners stabilise and after Prime Minister
U.S. bond giant Pacific Investment Management Company (PIMCO) said on Tuesday it favors bonds over other asset classes next year as it expects economic growth to have peaked and
U.S. inflation is cooling at what could prove to be its fastest pace in at least 40 years, if not longer, with only a limited rise in the unemployment rate, Chicago Federal Reserve
U.S. consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs of slowing, supporting views that the Federal Reserve was probably
A report showing consumer price inflation cooled more than expected last month had traders on Tuesday erasing bets the Federal Reserve will raise borrowing costs any further, and piling
Monetary policymakers may need to take more forceful action than otherwise to keep inflation expectations anchored when it is unclear how long high inflation might persist, Federal Reserve
An expansion of central clearing in the U.S.
Spanish construction group ACS has hired Societe Generale's investment bank to sell its services unit Clece, Expansion newspaper reported on Monday, citing unidentified finance
Morgan Stanley said on Monday it expects the S&P 500 to end 2024 at 4,500, and predicted earnings recovery through the year. The target represents a 2% upside from current levels.
A top analyst at Moody's said political polarization in the United States will likely complicate budget-making decisions ahead of the 2024 presidential election, which could delay
Top Biden administration officials on Friday rejected a decision by Moody's ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a
A look at the day ahead in U.S. and global markets from Mike Dolan A slightly exaggerated market reaction to Fed chair Jerome Powell's pushback against early U.S. interest rate cuts was enough to
Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug of war.
Federal Reserve Chair Jerome Powell on Thursday said that while the Fed is "not going to ignore" a significant tightening in financial conditions from higher bond yields, there is no "
Traders of futures contracts that track expectations for the Federal Reserve's policy rate pushed out bets on the U.S. central bank's likely first interest-rate cut to June of next year, after Fed
Money parked at the Federal Reserve’s reverse repo facility fell under the $1 trillion mark for the first time in just over two years, central bank data released on Thursday
A look at the day ahead in U.S. and global markets from Mike Dolan With the more substantive of Federal Reserve Chair Jerome Powell's two appearances this week still to come, markets have stalled as
Federal Reserve Vice Chair Philip Jefferson on Wednesday closed a daylong Fed conference with the observation that operating under uncertainty is a challenge for central bankers and that,
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks' longest winning streak in two years - clocking seven straight daily gains - has been underscored by a slump in
Federal Reserve Governor Lisa Cook on Wednesday called out a number of international risks, including persistent inflationary pressures abroad and a further economic slowdown in China,
World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European producers, the
The Federal Reserve may have to do more to bring inflation back down to its 2% target given the recent run of resilient economic data, Minneapolis Fed Bank President Neel Kashkari said on
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