We see the Federal Reserve front-loading monetary easing, with interest rate cuts at each of the three remaining Fed policy meetings in 2024. In this environment, investors may want to consider an allocation to gold, which serves as an effective hedge against rising geopolitical tension, ...
NEW YORK -- U.S. interest rates, dramatically slashed by the Federal Reserve in December, may...O'Neill, Joan
While traders have recently expressed greater confidence the Fed will lower rates by another 25 basis points at the December meeting, there remains uncertainty about the likelihood of continued rate cuts at future meetings. Crude oil prices dipped on Thursday, weighed by weak demand from China and...
Market participants have recalibrated their expectations for future rate cuts by the Federal Reserve's monetary policy committee, data showed on Friday. Read more here.
The Fed has pulled its main interest rate to the highest level in more than two decades in hopes of restraining the economy enough to stifle inflation but not so much that it causesa recession. With inflation slowing, the wide expectation is for theFederal Reserve to cut interest ...
“Growth has become increasingly dependent on the service sector as manufacturing, which often leads the economic cycle, has fallen into decline,” said Chris Williamson, chief business economist at S&P Global Market Intelligence. The Fed has pulled its main interest rate to the high...
(Reuters) -Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the start of rate cuts, raising hopes the economy could avoid recession. ...
"If growth continues to slowly decelerate, but inflation strongly takes off again in the wrong direction, the expectation of a Fed interest rate cut in 2024 is starting to look increasingly more out of reach." Gross domestic product increased at a 1.6% annualized rate last...