Category: RateCut
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Nasdaq jumps to lead Dow, S&P 500 higher as techs, rate-cut hopes revive
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US stocks jumped on Friday amid a rebound in technology stocks, as investors took stock of a week of key data and earnings reports and eyed potential policy shifts under the Trump administration. The Dow Jones Industrial Average (^DJI) rose 1.1% while the S&P 500 (^GSPC) rose 1.2%, after a…
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Fed’s Goolsbee says policy uncertainty led to his shift on rate-cut path
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(Reuters) – Chicago Federal Reserve President Austan Goolsbee said on Friday that he now expects a shallower path for interest rate cuts in 2025 than previously, but added that he still believes the U.S. central bank’s key interest rate will fall “by as much as… Hakim” next year. “Policy uncertainty…
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Global Rate-Cut Juggernaut Is Struggling to Start
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Breadcrumb links BMN Business Central banks wary about joining the global interest rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies. Article writer: Bloomberg News Craig Sterling Posted on June 15, 2024 • 7 minutes read You can save this article by registering…
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Fed Dot Plot Is Set to Offer Glimpse of Rate-Cut Resolve
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Breadcrumb links PMN works Investors may benefit more from the Federal Reserve’s decision to ease monetary policy when US policymakers update their interest rate forecasts on Wednesday for the first time in three months. Article writer: Bloomberg News Steve Matthews and Craig Sterling Published on June 08, 2024 • 7…
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Futures edge higher as rate-cut bets tick up; key data awaited By Reuters
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(Reuters) – US stock index futures rose on Wednesday as investors increased their bets on an earlier start to interest rate cuts by the Federal Reserve (the US central bank) this year than previously expected, after a series of economic data that indicated a slowdown in growth. Economic. Wall Street…
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US stocks pare gains as spiking yields on fading rate-cut bets offset Nvidia rally By Investing.com
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Investing.com — U.S. stocks gave up gains on Tuesday, after Treasury yields rose as data pointing to signs of steady inflation dampened interest rate cut hopes, offsetting Nvidia-led charges in technology stocks. At 14:28 ET (18:28 GMT), it was down 589 points, or 1.5%, while down 0.8%, and the heavy…
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Dow, S&P 500, Nasdaq notch record close as cooling inflation boosts rate-cut hopes By Investing.com
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Investing.com – The Dow Jones, S&P 500 and Nasdaq closed at record levels on Wednesday, as consumer inflation fell more than expected after three months of bullish surprises, raising hopes for faster interest rates and sending Treasury yields sharply lower. At 16:00 EDT (20:00 GMT), it was up 349 points,…