Global money market funds attracted sharp inflows in the week to Nov. 6 as investors sought safety ahead of the U.S. presidential election and the Federal Reserve's policy meeting.
November 08, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge
November 08, 2024
The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible
November 08, 2024
Prospects of a near-term rebound in the $28-trillion U.S. government bond market are faltering, as Donald Trump’s return to the White House
November 08, 2024
The U.S.
November 08, 2024
The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of
November 08, 2024
South Korea's finance minister said on Friday that authorities will respond in a timely manner if volatility heightens excessively in financial markets.
November 07, 2024
By Michael S.
November 07, 2024
Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision to reduce
November 07, 2024
Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Thursday another 25-basis-point rate
November 07, 2024
Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making choices the outcome of this week's election.
November 07, 2024
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has "generally eased" while inflation continues to move
November 07, 2024
U.S.
November 07, 2024
Trump is likely to allow Fed chair to stay. Powell said he can’t be fired anyway
November 07, 2024
Several major brokerages have tempered their predictions for how much the Federal Reserve will lower interest rates in 2025, if at all, after a surprisingly strong U.S. employment report
November 07, 2024
U.S. worker productivity increased moderately in the third quarter, resulting in only a gradual slowdown in labor costs that could cast a cloud over the inflation outlook.
November 07, 2024
The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the labor market and
November 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald Trump's clear U.S. election win and a collapse of Germany's coalition redrew
November 07, 2024
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking stock of what could
November 07, 2024
U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by
November 07, 2024
The Federal Reserve cut interest rates by a quarter point, CNN's Julia Chatterley breaks down how President-elect Donald Trump’s return could impact interest rates and the economy.
November 07, 2024
Key takeaways from the Fed’s rate cut after the election
November 07, 2024
The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week
November 07, 2024
Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy
November 07, 2024
U.S.
November 06, 2024
U.S.
November 06, 2024
By Michael S.
November 06, 2024
The Federal Reserve has plenty of reasons to deliver a widely expected interest rate cut on Thursday, including a decline in inflation and a cooling in labor markets that
November 06, 2024
Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening.
November 06, 2024
When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll face a much more complicated
November 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Even with the uncertainty of what most pollsters see as a dead heat in the White House race, world markets are in a upbeat mood as
November 05, 2024
Bond investors are keeping a defensive but neutral stance in
November 04, 2024
U.S. stocks closed slightly lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a new president and
November 04, 2024
Investors withdrew money from global equity funds in the week ended Oct. 30, amid caution ahead of Tuesday's U.S. presidential election and the Federal Reserve's policy decision later in
November 04, 2024
The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, with a U.S.
November 04, 2024
The U.S. dollar slipped on Monday as investors pulled out of Trump trades, which have benefited in recent weeks from speculation that Republican
November 03, 2024
The world is about to get some much-needed clarity on the US economy’s future
November 03, 2024
A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more
November 01, 2024
Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a percentage point at their policy meeting next week, their
November 01, 2024
U.S. job growth slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but the unemployment rate held steady at 4.1%, offering assurance that
November 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With next week's U.S. election now dominating thinking, the last two megacap earnings reports of the week appear to have calmed the
November 01, 2024
Wall Street's major indexes ended higher on Friday, rebounding from the previous day's sell-off as Amazon's strong earnings countered a significant drop in U.S. job
November 01, 2024
U.S. job growth almost stalled in October as strikes in the aerospace industry depressed manufacturing employment while hurricanes shortened the collection
November 01, 2024
The dollar rose against the euro and rebounded against most major currencies on Friday after traders digested data showing U.S. job growth
October 31, 2024
The U.S. dollar will hold on to its recent strength over coming months on robust domestic economic data and continued scaling back of bets for Federal Reserve
October 31, 2024
By Michael S.
October 31, 2024
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August
October 31, 2024
U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was firmly on a downward
October 31, 2024
As if financial markets needed another factor to complicate the near-term outlook for Federal Reserve policy, the U.S. economy and asset prices, investors
October 31, 2024
The Fed’s favorite inflation index just cooled again
October 31, 2024
The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% in September after an unrevised 0.1% gain in August.
October 31, 2024
With inflation now only just above the Federal Reserve's 2% target and wage pressures easing, U.S. central bankers are widely expected to cut short-term borrowing costs next
October 31, 2024
U.S. consumer spending increased slightly more than expected in September, putting it and the economy on a higher growth trajectory heading into the final three months of the
October 31, 2024
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels
October 31, 2024
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected
October 31, 2024
Trump’s former pick to join the Federal Reserve has proposed a radical solution to solve inflation
October 31, 2024
Most Asian central banks will cut interest rates slower than the U.S.
October 31, 2024
World stock indexes dropped on Thursday, with the Nasdaq ending more than 2% lower after Meta Platforms and Microsoft warned of rising costs for artificial
October 31, 2024
The interest rate for the most popular U.S. home loan jumped last week to 6.73%, its highest since July, adding to headwinds for the housing market even as the Federal Reserve looks set to
October 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on
October 30, 2024
The Federal Reserve risks moving beyond its role as a lender of last resort to a prop markets need to function even in normal times, with pressures likely to increase as
October 30, 2024
The U.S. economy grew solidly in the third quarter, with consumer spending increasing at its fastest pace in 1-1/2 years and inflation slowing sharply,
October 30, 2024
Federal Reserve policymakers are nearly certain to deliver a quarter-point reduction in short-term borrowing costs next week, traders bet on Tuesday, as a U.S.
October 29, 2024
Job openings fall to pre-pandemic levels as US labor market continues to cool down
October 29, 2024
U.S. job openings fell to the lowest level in more than 3-1/2 years in September and data for the prior month was revised down, pointing to a considerable easing in labor market
October 29, 2024
This past summer, leads for Brian Brown's landscaping business near Lake Tahoe were drying up.
October 29, 2024
The Treasury Department may offer fresh guidance on expected increases in its 2025 debt auctions when it announces its updated refunding plans this week, though
October 28, 2024
Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 presidential election, while
October 28, 2024
The nine days until Federal Reserve officials sit down to decide what to do next with interest rates features a veritable murderers' row of events to shape their move -
October 28, 2024
Boeing and other strikes will take at least a 44,000-job bite out of the October jobs report
October 25, 2024
Here’s why mortgage rates are rising after the Fed’s rate cut
October 24, 2024
U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on the back foot for some time even as the Federal Reserve cuts
October 24, 2024
Sales of new U.S. single-family homes increased to the highest level in nearly 1-1/2 years in September as buyers rushed in to take advantage of a decline in mortgage rates.
October 24, 2024
Last month Federal Reserve Chair Jerome Powell and his colleagues were lauded for starting their policy easing cycle with a half percentage-point rate cut
October 24, 2024
U.S. business activity increased in October amid strong demand, and firms raised prices for goods and services at the slowest pace in nearly 4-1/2 years, indicating that the
October 24, 2024
New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly
October 24, 2024
The euro and Japanese yen strengthened on Thursday as the U.S. dollar paused after rallying to a nearly three-month high, with the greenback only briefly
October 24, 2024
By Michael S.
October 23, 2024
U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing recent trends that have reinforced
October 23, 2024
Hedge fund Bridgewater Associates said the Federal Reserve independence is probably a top issue in the U.S. presidential election, according to a commentary sent
October 23, 2024
The U.S.
October 23, 2024
U.S. stocks fell as more steam came out of Wall Street’s huge, record-breaking rally
October 23, 2024
The dollar climbed above 153 against the yen for the first time in nearly three months on Wednesday on U.S. economic strength and an expected divergence among
October 23, 2024
The U.S. dollar rose to a fresh 2-1/2-month high on Tuesday, continuing its recent ascent on expectations the Federal Reserve will temper its interest rate
October 22, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely"
October 21, 2024
Citi Research raised its three-month forecast for gold prices, citing possible further U.S. labor market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF
October 21, 2024
Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the
October 21, 2024
Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.
October 21, 2024
By Michael S.
October 21, 2024
Atlanta Federal Reserve Bank President Raphael Bostic on Friday made the case for patient reductions in the central bank's policy rate to somewhere between 3% and 3.5% by the
October 18, 2024
U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter earnings from U.S. lenders and optimism over a potential Federal Reserve rate
October 18, 2024
Tech stocks powered Wall Street stocks to a higher close and crude prices posted their biggest weekly drop in a month on Friday as investors looked past mixed
October 18, 2024
Foreign holdings of U.S. Treasuries surged to a record high in August, data from the Treasury Department showed on Thursday, rising for four straight months. Holdings of U.S.
October 17, 2024
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August
October 17, 2024
By Michael S.
October 17, 2024
The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the near-term amid the effects of Hurricanes Helene
October 17, 2024
U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view
October 17, 2024
Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year high, as expectations the Federal Reserve would cut rates less
October 17, 2024
Goldman Sachs said on Wednesday it expects the U.S.
October 16, 2024
By Michael S.
October 16, 2024
U.S. import prices fell by the most in nine months in September amid a sharp decrease in the cost of energy products, pointing to a benign inflation outlook
October 16, 2024
U.S.
October 15, 2024
By Michael S.
October 15, 2024
By Michael S.
October 15, 2024
UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,850 points from an earlier projection of 5,600, boosted by corporate profit growth,
October 15, 2024
Global investor optimism posted its biggest jump since June 2020 in October due to Federal Reserve rate cuts, stimulus pledges from China and expectations of a soft landing for the
October 15, 2024
The U.S. dollar edged higher against most major currencies on Tuesday, resuming the latest uptrend that took it to more than two-month highs fueled by
October 15, 2024
Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”
October 14, 2024
Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”
October 14, 2024
Citing a recent uptick in inflation and data showing the U.S. economy and labor market are stronger than previously thought, Federal Reserve Governor
October 14, 2024
Bank Indonesia (BI) will leave interest rates unchanged on Wednesday despite inflation falling to its lowest level since 2021, as receding expectations of
October 14, 2024
Wall Street ended higher on Monday, with both the S&P 500 and the Dow posting fresh record finishes, as investors bought into technology stocks ahead of a busy week packed
October 14, 2024
U.S. equity funds witnessed outflows in the week to Oct. 9 as investors booked profits due to a shift in market expectations about the Federal Reserve rate cut path and a surge in bond
October 11, 2024
The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last month compared
October 11, 2024
Wells Fargo's profit beat analysts expectations in the third quarter as it set aside less money than expected to cover potential loan
October 11, 2024
The S&P 500 and the Dow scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly
October 11, 2024
A sharp steady rise in overnight repurchase agreements is overwhelming banks that serve as middlemen for such short-term borrowings in U.S. government
October 11, 2024
The Bank of Canada is likely to lower interest rates to a neutral setting that neither restricts nor stimulates its economy more quickly than the U.S.
October 11, 2024
Global stocks rose on Friday, lifted by U.S. bank earnings, and on track for a weekly gain while U.S.
October 11, 2024
The U.S. dollar was flat against major currencies on Friday as markets digested a slew of economic data that supported the Federal Reserve's
October 11, 2024
By Michael S.
October 10, 2024
Fed policymakers will be paying close attention to the latest data as their next policy meeting draws nearer.
October 10, 2024
Mortgage rates surged for the second-straight week after hitting two-year lows
October 10, 2024
The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April, as a string of stronger-than-expected economic data
October 10, 2024
Federal Reserve Bank of New York President John Williams said Thursday he expects more rate cuts lie ahead as inflation pressures continue to moderate.
October 10, 2024
Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation is now near the Fed's 2%
October 10, 2024
U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the Federal Reserve
October 10, 2024
By Ann Saphir and Michael S.
October 10, 2024
U.S. consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-
October 10, 2024
Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications
October 10, 2024
The U.S. dollar slipped against the yen on Thursday as investors weighed data showing labor market weakness as well as a slight uptick in consumer prices,
October 09, 2024
San Francisco Federal Reserve Bank President Mary Daly on Wednesday said she "fully" supported the U.S. central bank's half-of-a-percentage-point interest-rate cut last month, and said one
October 09, 2024
The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase in more than a year after better-than-expected economic data caused
October 09, 2024
U.S. regional banks preparing for higher capital requirements will get some relief from the Federal Reserve's jumbo rate cut.
October 09, 2024
Dallas Federal Reserve Bank President Lorie Logan on Wednesday said she supported last month's outsized interest-rate cut but wants smaller reductions ahead, given "still real" upside
October 09, 2024
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting
October 09, 2024
Minutes of the U.S.
October 09, 2024
The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency if the rest of the world just won't let it
October 09, 2024
The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday.
October 08, 2024
Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as
October 08, 2024
A look at the day ahead in Asian markets.
October 08, 2024
By Michael S.
October 08, 2024
Last week's jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with a 4.1% unemployment rate around what is considered full employment and
October 08, 2024
The U.S. Federal Reserve is encouraging banks to count on its long-shunned cash backstops in a bid to support its monetary policy and financial stability goals.
October 08, 2024
The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed Governor Adriana Kugler said
October 08, 2024
Federal Reserve Governor Adriana Kugler said on Tuesday she strongly supported the U.S. central bank's recent interest rate cut and will support further reductions if inflation continues to
October 08, 2024
A look at the day ahead in European and global markets from Rae Wee Investors hoping for a roaring restart to China's stock rally, after the mainland's week-long holiday, were disappointed on Tuesday
October 08, 2024
Federal Reserve Bank of New York President John Williams said that it will be appropriate again for the central bank to reduce rates 'over time,' after September's big half percentage point
October 08, 2024
The dollar held firm on Tuesday, treading water just under last week's seven-week highs as investors assessed the outlook for further U.S.
October 08, 2024
Federal Reserve Bank of St.
October 07, 2024
Why a key borrowing rate is above 4% again
October 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With any thought of U.S. recession off the agenda after a monster September jobs report, doubts about the extent of further Federal
October 07, 2024
Wall Street's three major indexes closed down around 1% on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve
October 07, 2024
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed
October 07, 2024
The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if
October 07, 2024
What a hot job market means for inflation
October 06, 2024
The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
October 05, 2024
U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last
October 04, 2024
A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a U.S.
October 04, 2024
Chicago Federal Reserve President Austan Goolsbee on Friday called the latest U.S. jobs report "superb" and said more labor market data along those lines would boost his confidence the
October 04, 2024
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a
October 04, 2024
U.S. job growth accelerated in September and the unemploymentrate slipped to 4.1% from August's 4.2%, further reducing theneed for the Federal Reserve to maintain large interest ratecuts at
October 04, 2024
The Dow posted a record closing high on Friday and the Nasdaq ended with a more than 1% gain as a stronger-than-expected jobs report reassured investors
October 04, 2024
U.S.
October 04, 2024
U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing to a resilient economy that likely does not
October 04, 2024
U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank.
October 03, 2024
U.S. services sector activity jumped to a 1-1/2-year high in September amid strong growth in new orders, more evidence that the economy remained on a solid footing in the third
October 03, 2024
Led by the U.S.
October 03, 2024
Most emerging market currencies are set to trade in tight ranges or pare some of the year-to-date gains in the next three months
October 03, 2024
The U.S. central bank's half-percentage-point interest rate cut last month was an acknowledgement that its policy rate was "out of sync" with
October 02, 2024
The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX
October 02, 2024
The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies, and
October 02, 2024
If you think Federal Reserve interest rate cuts could overly spur an already briskly growing U.S. economy, consider the other side of the equation: the income drag.
October 02, 2024
By Michael S.
October 01, 2024
The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup over shortcomings in its capacity to police
October 01, 2024
A sign of strength in the labor market: Job openings increased in August
October 01, 2024
A handful of mega-cap technology stocks has fueled Wall
October 01, 2024
U.S. job openings unexpectedly increased in August after two straight monthly decreases, but hiring was soft and consistent with a slowing labor market that
October 01, 2024
U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience
October 01, 2024
U.S. manufacturing held steady at weaker levels in September, but new orders improved and prices paid for inputs declined to a nine-month low, which together with falling
October 01, 2024
U.S. stocks ended lower, with the Nasdaq losing more than 1%, on Tuesday as investors grew more cautious after Iran fired missiles at Israel.
October 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 kicks off the final quarter of a stellar 2024 from yet another record close notched on Monday - with odd quarter
October 01, 2024
A look at the day ahead in European and global markets from Tom Westbrook European inflation figures are due on Tuesday and the risk is to the downside, which will reinforce bets that the European
October 01, 2024
MSCI's global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about
October 01, 2024
Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data showing a resilient U.S. labor market.
October 01, 2024
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer
September 30, 2024
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
September 30, 2024
Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts
September 30, 2024
By Michael S.
September 30, 2024
By Michael S.
September 30, 2024
Atlanta Federal Reserve President Raphael Bostic said on Monday he would be open to another half-percentage-point interest rate cut at the U.S.
September 30, 2024
Investor hopes for a soft landing for the U.S. economy will be put to the test next week, as the government releases closely watched labor market data following
September 27, 2024
What fueled this week’s record-breaking stock rally
September 27, 2024
The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once
September 27, 2024
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday.
September 27, 2024
The Federal Reserve is likelier than not to deliver a second 50-basis-point interest rate cut in November, traders bet on Friday, after a government report showed U.S. inflation has cooled
September 27, 2024
U.S. consumer spending increased slightly less than expected in August, but that did little to change expectations that solid economic growth persisted in the
September 27, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing accelerating
September 27, 2024
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage
September 27, 2024
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap
September 27, 2024
U.S. stocks closed another record-setting week with a muted performance
September 27, 2024
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level
September 26, 2024
Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address increased "downside risks" to employment.
September 26, 2024
By Michael S.
September 26, 2024
The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs
September 26, 2024
U.S.
September 26, 2024
By Michael S.
September 26, 2024
By Michael S.
September 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly rose in August, though business spending on equipment appears to have lost momentum in the third quarter.
September 26, 2024
With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global financial
September 26, 2024
U.S. stocks rose to another record as financial markets around the world rallied again
September 26, 2024
The dollar weakened in choppy trading on Thursday after a boost from healthy U.S. economic data faded, while the Swiss franc rose after the country's central
September 26, 2024
Federal Reserve Governor Adriana Kugler said on Wednesday that she "strongly supported" the U.S. central bank's decision to cut interest rates
September 25, 2024
As former Federal Reserve Chair Ben Bernanke used to quip, "monetary policy is 98% talk and only 2% action."
September 25, 2024
Gold’s hitting new records again. Here’s what it means for the economy
September 25, 2024
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said, days after the central bank cut interest rates for the first
September 25, 2024
The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial
September 25, 2024
U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves
September 25, 2024
The dollar bounced off a 14-month low against the euro on Wednesday in choppy trading, but investors held onto bets that the Federal Reserve will make another
September 24, 2024
By Michael S.
September 24, 2024
Drew Greenblatt loves that the Federal Reserve has cut interest rates.
September 24, 2024
Launches of bond-focused exchange traded funds have surged from year-ago levels in 2024, boosted by expectations of interest rate cuts by the Federal Reserve, according to
September 24, 2024
U.S. stocks drifted to more records in a quiet day of trading
September 24, 2024
By Michael S.
September 23, 2024
Federal Reserve Bank of Chicago President Austan Goolsbee on Monday said he expects "many more rate cuts over the next year" as the U.S. central bank seeks a soft landing for the economy,
September 23, 2024
U.S.
September 23, 2024
By Ann Saphir and Michael S.
September 23, 2024
The Federal Reserve announced a jumbo-sized rate cut, its first rate reduction cut since Covid. Federal Reserve chair Jerome Powell held a press conference to share more about the supersized rate cut.
September 23, 2024
Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients seen by Reuters on
September 23, 2024
U.S. stocks closed modestly higher on Monday as investors assessed whether a trend will develop in the week following the Federal Reserve’s rate cut.
September 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. markets now mapping the extent of the Federal Reserve's easing cycle ahead, the prospect of inflation undershooting the
September 23, 2024
Even before the Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets had begun making
September 23, 2024
The euro dropped against the dollar on Monday as business activity reports for the euro zone economy disappointed, briefly extending declines after U.S. data
September 22, 2024
Global stock indexes rose on Monday as Federal Reserve policymakers said last week's large interest rate cut was warranted, while the euro fell against the
September 22, 2024
A look at the day ahead in Asian markets.
September 22, 2024
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come
September 22, 2024
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
September 20, 2024
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-
September 20, 2024
What lower rates mean for markets
September 20, 2024
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage point, laid out on Friday the
September 20, 2024
U.S. bond funds attracted inflows for a 16th straight week in the week ended Sept. 18, on expectations that the Federal Reserve would deliver an outsized rate cut in its meeting during the
September 20, 2024
The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in
September 20, 2024
Global investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve's interest rate cut to initiate its long-awaited reduction cycle.
September 20, 2024
The U.S.
September 20, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a roaring Thursday that saw Wall Street stocks lap up deep Federal Reserve easing into a still-healthy economy, there's a
September 20, 2024
Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its much-anticipated interest-rate easing, a
September 20, 2024
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
September 20, 2024
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the
September 20, 2024
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the
September 20, 2024
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve
September 20, 2024
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world's dominant economy is
September 19, 2024
The Federal Reserve's big bang start on Wednesday to what's expected to be more interest-rate cuts this year and next may have had the full support of only a slim majority of
September 19, 2024
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased
September 19, 2024
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve
September 19, 2024
M&G Investments sees attractive valuations in some longer-duration government bonds and non-U.S. equities, a multi-asset fund manager at the London-based firm said on Thursday.
September 19, 2024
CNN’s Rahel Solomon talks to finance analyst Greg McBride, who puts the Fed’s first rate cut in years into perspective for homebuyers.
September 19, 2024
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
September 19, 2024
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.
September 19, 2024
Traders on Thursday added to bets the U.S.
September 19, 2024
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week
September 19, 2024
Shares of major U.S. homebuilders rose in early trading on Thursday as the Federal Reserve's rate-cut cycle is expected to ease pressure on mortgage rates, driving demand
September 19, 2024
U.S. bank stocks rose on Thursday after the Federal Reserve's 50 basis point cut in interest rates raised hopes of lower deposit costs and reduced pressure
September 19, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a typical skittish first-day reaction, world markets are on Thursday embracing the new Federal Reserve stance as insurance on
September 19, 2024
A big interest rate cut from the U.S.
September 19, 2024
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago
September 19, 2024
Analysts remained bullish on most Asian currencies despite marginally dialling back some bets, a Reuters poll showed on Thursday, as a defensive U.S. dollar driven by a
September 19, 2024
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off
September 19, 2024
European stocks jumped on Thursday after the U.S.
September 19, 2024
An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S.
September 19, 2024
One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether the
September 19, 2024
A look at the day ahead in European and global markets from Rae Wee With the Federal Reserve's highly anticipated rate cut done and dusted, the Bank of England (BoE) is next up in the rate decision
September 19, 2024
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates
September 19, 2024
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook for the fed funds rate's
September 19, 2024
Major Wall Street indexes broke record highs after global counterparts booked gains and Treasury yields rose on Thursday as the start of the Federal Reserve's first
September 19, 2024
The U.S. dollar slipped in choppy trading on Wednesday as markets grappled
September 18, 2024
The relatively large rate cut signals that the Fed is shifting its focus from fighting inflation to supporting the labor market, an economist explains.
September 18, 2024
A look at the day ahead in Asian markets.
September 18, 2024
By Michael S.
September 18, 2024
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been,
September 18, 2024
Republican presidential candidate Donald Trump commented on the U.S. Federal Reserve's rate cut on Wednesday by saying "it was a big cut."
September 18, 2024
By Michael S.
September 18, 2024
U.S. consumers got an immediate reprieve on borrowing costs from banks after the Federal Reserve cut interest rates on Wednesday for the first time
September 18, 2024
Foreign holdings of U.S.
September 18, 2024
Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't imply an urgent process.
September 18, 2024
The Fed’s long-awaited rate cut is colliding with presidential politics
September 18, 2024
Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced on Wednesday about 74 basis points of additional interest rate cuts by
September 18, 2024
The Federal Reserve's decision to cut interest rates by half a percentage point on Wednesday marked the closest the central bank has come in launching an easing cycle on the cusp of a U.S.
September 18, 2024
U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their 2% goal
September 18, 2024
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed
September 18, 2024
The interest rate for the most popular U.S. home loan fell last week to its lowest level in two years, on anticipation the Federal Reserve will start cutting interest rates on
September 18, 2024
The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to
September 18, 2024
As the U.S.
September 18, 2024
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
September 18, 2024
U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high
September 18, 2024
British stock indexes dropped on Wednesday as investors reined in bets on interest rate cuts by the Bank of England, while global risk sentiment
September 18, 2024
European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate decision by the U.S.
September 18, 2024
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point
September 18, 2024
A look at the day ahead in European and global markets from Kevin Buckland With just hours until one of the most highly anticipated central bank decisions in recent memory, traders are still agonising
September 18, 2024
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers
September 18, 2024
Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.
September 18, 2024
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates
September 18, 2024
Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the U.S. economy, while investors
September 18, 2024
The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater
September 17, 2024
A look at the day ahead in Asian markets.
September 17, 2024
So we’re expecting a rate cut. When will we start to see a difference in the economy?
September 17, 2024
The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut interest rates by 50 basis points on Wednesday,
September 17, 2024
Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation
September 17, 2024
America’s economic engine is still revving, despite fears of a slowdown
September 17, 2024
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate
September 17, 2024
U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting
September 17, 2024
Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is unlikely to be as aggressive in easing
September 17, 2024
Elizabeth Warren calls for emergency-like Fed rate cut ASAP
September 17, 2024
U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors
September 17, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With Federal Reserve easing within touching distance, U.S. stocks are not hanging about, underlining an uncomfortable
September 17, 2024
By Michael S.
September 17, 2024
Bond investors are more cautious and divided over prospects for recession in the world's largest economy with the Federal Reserve poised to cut
September 17, 2024
Global investor sentiment improved in September for the first time since June on optimism over a soft landing and interest rate cuts by the U.S.
September 17, 2024
U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years
September 17, 2024
U.S. stock markets ended nearly flat after hitting record highs on Tuesday and the dollar stood firm as strong economic data allayed slowdown fears and investors
September 17, 2024
The U.S. dollar strengthened against most major currencies on Tuesday following better-than-expected retail sales data that seemed to support a less aggressive
September 16, 2024
How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle
September 16, 2024
The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky, the BlackRock
September 16, 2024
Top White House economic adviser Lael Brainard declared that the U.S. economy had turned the corner in bringing down inflation and it was now time to focus
September 16, 2024
As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history.
September 16, 2024
Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60% chance of a 50 basis-
September 16, 2024
The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy
September 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After an extraordinary 30-month monetary squeeze designed to zap a post-pandemic inflation spike, the Federal Reserve is finally set
September 16, 2024
Asian bonds attracted foreign inflows for a fourth successive month in August on optimism that the U.S. Federal Reserve will start easing interest rates in September.
September 16, 2024
When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate well beyond the United States.
September 16, 2024
Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later
September 15, 2024
The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal Reserve could
September 15, 2024
U.S. stock futures and the dollar were little changed on Sunday after Republican presidential candidate Donald Trump was safe following what the FBI said
September 15, 2024
A look at the day ahead in Asian markets.
September 15, 2024
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak
September 15, 2024
The Fed keeps brushing off concerns about another Trump presidency. Closed-door meetings from his first term show otherwise
September 15, 2024
The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and
September 13, 2024
Goldman Sachs on Friday said it continues to call for a quarter percentage point easing at next week's Federal Open Market Committee meeting, which contrasted with news stories about
September 13, 2024
The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures
September 13, 2024
Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture
September 13, 2024
U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household
September 13, 2024
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week,
September 13, 2024
Don't go anywhere: an event-packed week is coming up with central banks from the United States to Brazil and from Europe to Japan meeting.
September 13, 2024
U.S. stocks closed their best week of the year with more gains and climbed to the cusp of their records
September 13, 2024
Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.
September 13, 2024
The U.S. dollar fell on Friday to its
September 13, 2024
U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its
September 13, 2024
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