Category: Fed
-
Guggenheim expects Fed to cut rates about every quarter in 2025
•
Written by Divya Choudhary and Pansari Mayur Kamdar DAVOS, Switzerland (Reuters) – The Federal Reserve is likely to cut interest rates approximately every quarter in 2025, with the cut reaching around 75 basis points or even A full percentage this year. The Fed will continue to cut, albeit on a…
-
Mag 7, crypto, AI, Trump, tariffs, Fed, and everything else that will dominate Davos
•
This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: Covering the World Economic Forum in Davos, Switzerland every year is something I consider a competitive sport. I’m actually starting training for the intensive week over the summer, as…
-
US Inflation Is Set to Back Fed Pause After Robust Jobs Data
•
Breadcrumb Trail Links PMN Business Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts. Author of the article: Bloomberg News Vince Golle and Craig Stirling…
-
Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
•
Written by Ankur Banerjee SINGAPORE (Reuters) – The dollar was strong on the last trading day of the year, poised for strong gains in 2024 against most currencies as investors brace for smaller U.S. interest rate cuts and the policies of the incoming Trump administration. The rise of the dollar,…
-
US Economy Surprised Again in 2024 Despite Fed, Election Drama
•
Breadcrumb links BMN Business Over the past few years, the US economy has consistently defied expectations of a slowdown, and 2024 is no different. Article writer: Bloomberg News Augusta Saraiva Posted on December 29, 2024 • 3 minutes read You can save this article by registering for free here. Or…
-
Treasuries Gain as Key Fed Inflation Figures Trail Estimates
•
(Bloomberg) — U.S. Treasuries rose off their highs late Friday after a batch of closely watched inflation data came in below expectations, prompting traders to raise expectations of interest rate cuts by the Federal Reserve next year. Most read from Bloomberg The policy-sensitive two-year Treasury yield was at 4.31% late…
-
Stocks tanked after the Fed signaled fewer rate cuts next year. Here’s what Wall Street analysts see ahead.
•
Federal Reserve Chairman Jerome Powell surprised the markets on Wednesday evening.Jacqueline Martin/AP The Federal Reserve cut its benchmark interest rate on Wednesday to between 4.25% and 4.5%. The central bank also predicted two cuts next year instead of four, sending stocks lower. Many analysts believe that the reaction is exaggerated.…
-
Shekel weakens against dollar after Fed meeting
•
Although the US Federal Reserve cut interest rates by 0.25%, it indicated only two rate cuts in 2025 compared to the four previously expected. The shekel is weakening sharply today against the US dollar and is strong against the euro. In late morning interbank trading, the NIS-USD exchange rate rose…
-
Markets fear Fed floor at 4%, dollar booms
•
A look at the day ahead in the US and global markets from Mike Dolan Although the Fed’s “tight cut” on Thursday was widely expected, markets now fear 4% interest rates will be the floor for at least next year – and no further easing until mid-year or later. The…
-
S&P 500 Sees Worst Fed Day Since 2001; Yields Up: Markets Wrap
•
(Bloomberg) — The Federal Reserve shocked U.S. markets on Wednesday, sending stocks lower and pushing Treasury yields higher, on expectations of smaller interest rate cuts next year. This was the worst loss for the S&P 500 on interest rate decision day since 2001. Most read from Bloomberg The S&P 500…
-
Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
•
Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected. All three major reversed gains following the decision to end with steep losses. The Dow Jones Industrial Average (^DJI) was down about 2.6%,…
-
Fed to Cut Once More Before Slowing Pace in 2025, Economists Say
•
Breadcrumb links BMN Business Federal Reserve officials will cut interest rates this month for the third straight time and will scale back the number of rate cuts they expect next year, according to economists surveyed by Bloomberg News. Article writer: Bloomberg News Katarina Saraiva and Dana Morgan Posted on December…
-
Treasuries Rally as Mixed Jobs Data Fuels December Fed Cut Bets
•
Breadcrumb links BMN Business US Treasuries rose and traders boosted their bets on a Fed rate cut this month after a mixed November employment report. Article writer: Bloomberg News Michael Mackenzie and Edward Bolingbroke Published on December 6, 2024 • 3 minute read You can save this article by registering…
-
Historic Day! Bitcoin Endorsed By Fed Chair Powell And Putin
•
In an unprecedented turn of events, Bitcoin yesterday received an endorsement from two of the world’s most influential leaders. US Federal Reserve Chairman Jerome Powell and Russian President Vladimir Putin independently acknowledged the growing importance of cryptocurrency during separate events on December 4, 2024. Their statements signal a potential paradigm…
-
Fed Chair Jerome Powell Is Correct: Bitcoin Is In Competition With Gold, Not The Dollar
•
Follow Nicholas on ? here for daily posts Today, Federal Reserve Chairman Jerome Powell, in an exclusive interview with CNBC, said that Bitcoin is competing with gold, not the US dollar. BREAKING: ?? Fed Chairman Jerome Powell says #Bitcoin A competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo — Bitcoin…
-
Fed Chair Jerome Powell Is Correct: Bitcoin Is In Competition With Gold, Not The Dollar
•
Follow Nicholas on ? here for daily posts Today, Federal Reserve Chairman Jerome Powell, in an exclusive interview with CNBC, said that Bitcoin is competing with gold, not the US dollar. BREAKING: ?? Fed Chairman Jerome Powell says #Bitcoin A competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo — Bitcoin…
-
Key Fed inflation gauge shows PCE ‘going sideways’
•
The latest reading of the Fed’s preferred gauge of inflation showed that price increases were flat in October compared with the previous month, raising questions about whether progress in reaching the central bank’s 2% target has stalled. The core personal consumption expenditures index, which excludes food and energy costs and…