Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the ...
Fed's Waller: More Cuts Likely Though Timing Depends on Inflation Progress
Along with slower progress on inflation, Fed officials have been reluctant to commit to further rate cuts because the economy ...
Top Fed official backs more rate cuts even if Trump tariffs materialize
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs.
Fed minutes may begin to show the hurdle to further rate cuts
Federal Reserve officials have been signaling that further interest rate cuts are on hold for now given slowed progress on ...
Stock Market Today: Dow futures struggle to rebound after Nvidia leads latest selloff
The buck's latest surge comes as rising Treasury yields attract funds, and so-called 'U.S. exceptionalism' - a strong economy ...
European Midday Briefing: Stocks Edge Up as Focus Shifts to Fed Minutes
Minutes from the meeting will be published at 2 p.m. Eastern on Wednesday. The Federal Open Market Committee-the Fed's policymaking committee-last month voted to lower the federal-funds rate target ...
Fed hawks are getting louder
On the contrary, we are only getting started. The US dollar rebounded against most majors as the latest US data fuelled the Fed hawks. Due today, the ADP report is expected to print a relatively soft ...
Stocks Retreat as Bond Yields Jump
European government bond yields on Tuesday are moving higher. The 10-year German bund yield rose to a 2-month high of 2.489% and finished up +3.6 bp to 2.483%. The 10-year UK gilt yield climbed to a ...
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Stocks Turn Lower as Bond Yields Rise on Strong US Economic Reports
The S&P 500 Index ($SPX) (SPY) today is down -0.32%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.11%, and the ...