The Federal Reserve Will Slow QT. What Matters Is Where It Stops
With interest-rate cuts off the table for now, the US Federal Reserve will focus on a different topic at next week’s policy-making meeting: when and...
Gold Is JPMorgan’s Top Pick in Commodities With Price Eyeing $2,500
Gold is the No. 1 pick in commodities markets for JPMorgan Chase & Co. and the price has the potential to reach $2,500 an ounce...
CPI inflation report February 2024:
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates. The...
Fed Rate Cut Latest: Slow Inflation Retreat to Bolster Powell’s Patience
Inflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no rush to lower...
U.S. dollar’s strength to persist as markets eye cautious Fed By Reuters
[ad_1] © Reuters. Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick...
Canadian dollar adds to gains as markets bet Bank of Canada cuts rates before Fed By Investing.com
[ad_1] © Reuters. Investing.com – The Canadian Dollar added to gains vs. its U.S. counterpart today, with the supported by broad-risk on sentiment, and as...
Oil dips 1%, posts weekly loss as markets weigh Chinese demand By Reuters
[ad_1] © Reuters. FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach,...
Gold Rises After February 2024 US Jobs Report
Gold extended its rally to a fresh record high after a key US jobs report bolstered expectations that the Federal Reserve will soon cut interest...
EU’s Digital Markets Act hands boost to Big Tech’s smaller rivals By Reuters
[ad_1] 3/3 © Reuters. FILE PHOTO: European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo 2/3 By...
U.S. job growth totaled 275,000
Job creation topped expectations in February, but the unemployment rate moved higher and employment growth from the previous two months wasn’t nearly as hot as...