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The Fed indicated rates will remain higher for longer. What does that mean for you?
WPIX New York City, NY via Yahoo Finance· 4 days agoThe Federal Reserve indicated Wednesday that it doesn’t plan to cut interest rates until it has...
Robinhood Shares Gain as Retail Trading Rebound Powers Record Quarter
US News & World Report· 7 days agoRetail trading has been on the road to recovery since bitcoin and U.S. stocks scaled all-time highs earlier this year, helped by bets of a soft landing for the economy and expectations of interest ...
BOJ Must Avoid Raising Rates to Combat Weak Yen, Says Ex-C.banker Watanabe
US News & World Report· 6 days agoTOKYO (Reuters) -The Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, Tsutomu ...
Waning Fed Rate Cut Bets Boost US Treasury Yield Forecasts: Reuters Poll
US News & World Report· 2 days agoBond strategists upgraded their U.S. Treasury yield forecasts for coming months to their highest since at least November amid sticky inflation and greater conviction in financial markets of ...
Dollar Droops Ahead of Crucial CPI Test; Yen Under Pressure
US News & World Report· 1 day agoThe dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day that could ...
The Fed is struggling to break the back of inflation. Here's why.
CBS News· 1 day agoThe Federal Reserve's two-year battle to tame inflation is turning into a drawn-out war, with the...
Stocks Rise, Dollar Drifts Ahead of US Inflation Report
US News & World Report· 24 hours agoAsian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and braced for the crucial consumer price report later in the day that is likely ...
Asia Stocks Rally on Renewed Global Rate Cut Optimism
US News & World Report· 6 days agoAsian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing U.S. labour market stoked optimism around interest
Canada Job Gains Blow Past Forecasts, Dampening Bets on June Rate Cut
US News & World Report· 6 days agoThe gains - largest since the 110,000 jobs added in January 2023 - were a mix of part-time and full...the services-producing industries, data from Statistics Canada showed. Analysts said the ...
Oil Prices up on Wildfires in Canada, US Inventories Drawdown Expectations
US News & World Report· 1 day agoOil prices rose in early trade on Wednesday as large wildfires were threatening Canada's oil sands and as the market expected U.S. crude oil and gasoline inventories to show a drawdown later ...
