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With No Rate Cut Expected, Here’s What To Watch At June’s FOMC Meeting
Forbes· 1 day agoIt’s now been almost a year since the FOMC last raised the Federal Funds rate to its current target...
June flashlight for the FOMC blackout period
The Forex Market· 1 day agoThe FOMC remained on hold for the sixth consecutive policy meeting on May 1 as elevated inflation and strong job growth earlier this year led...
Markets Mixed on Manufacturing & Construction Data
Zacks via Yahoo Finance· 13 hours agoIt’s print of 48.7% was nearly a full point below expectations for 49.6%, as well as the prior month’s unrevised 49.2%. Notably, all these figures are...
May Jobs Data to Influence Rate Cut Expectations
Zacks via Yahoo Finance· 20 hours agoRegardless, don’t expect June to be the first quarter-point rate cut. The next Federal Open Market Committee (FOMC) meeting begins a week from tomorrow,...
Daily mortgage rates for June 4, 2024: Rates hold relatively steady on popular terms
AOL· 3 minutes agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
USD/JPY Below 156.00 on US Dollar Weakness, US Jobs Data Remains Key
Daily FX· 3 hours agoThe US dollar fell Monday after data showed ongoing weakness in the US manufacturing sector, pushing...
As bets on sooner Fed rate cuts dwindle, one analyst sticks with call for July cut
StreetInsider· 3 days agoMany on Wall Street have given up hope for sooner rate cuts, but one analysts is bucking the trend and continues to bet on a rate cut as soon as July. About 14% of traders expect the Fed to ...
European Shares Set For Muted Open
RTT News· 5 hours agoTraders await cues from a slew of central bank meetings, with the European Central Bank and the Bank of Canada both expected to cut rates this week ahead of next week's FOMC
Treasury yields inch lower still after sharp dive on weak U.S. data
Market Watch· 2 hours agoTreasury yields nudged lower early Tuesday, after the previous session’s sharp dive which followed more soft U.S. economic data. The yield on the 10-year Treasury BX:TMUBMUSD10Y fell 1.1 basis ...
June Outlook: 3 Key Events to Eye as Investors Brace for No Rate Cuts in 2024 | Investing.com
Investing.com· 4 days agoInvestor focus will be on the U.S. jobs report, CPI inflation data, and the Fed’s FOMC meeting. In...
