Inflation data paves way for more Fed rate cuts into next year, says CIO
Fresh inflation data sets the table for a Federal Reserve rate cut at its policy meeting next week and paves the way for more cuts next year. That's Whitney Watson, global co-head and co-chief investment officer of fixed income and liquidity solutions within Goldman Sachs Asset Management,
Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps.
Gold started the week on the offensive. The regime change and geopolitical developments in Syria coupled with Chinese ...
Anticipation is reaching fever pitch as the Fed gears up for a crucial meeting, with punters betting on a 25 basis point ...
Wednesday’s reading on U.S. inflation sets the Federal Reserve up to cut interest rates next week, but the Fed may pause its rate-cutting cycle at its first policy meeting next year, according to ...
DAX Index gains 0.34% as US inflation data boosts Fed rate cut bets. Will ECB’s rate decision push it to new highs or below ...
EUR/USD rises as the US Dollar (USD) declines in Thursday’s European session. The US Dollar Index (DXY), which tracks the ...
An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial ...
US stocks surged overnight, with the Nasdaq Composite closing above 20,000 for the first time. Latest US CPI data boosts rate cut expectations.
Hang Seng Index climbs as Fed rate cut hopes drive tech stocks; real estate lags amid China stimulus anticipation.
After meeting with Prime Minister Justin Trudeau and other top Canadian officials, Doug Ford, the premier of Ontario, ...
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