The dip reflects shifting expectations around US monetary policy, with investors bracing for a tighter US Federal Reserve stance in 2025 under Donald Trump’s administration. Anticipation of higher ...
The Bloomberg Dollar Spot Index reached the highest level in two years, and is now up more than 5% since the end of September when the market started pricing a Trump victory. The greenback has gained ...
Markets have quickly shifted over the past two months to reflect this sentiment. On Sept. 18, when the Fed slashed rates by half a percentage point, markets had projected the Fed would finish 2025 ...
US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previous day.
If the federal government is firm on its timeline, Morningstar DBRS says the most likely result will be lower Canadian oil and gas production. Rai says the amount of shut-in production will depend on ...
"The standard that Elon Musk has set for us is that he believes he can cut $2 trillion from the federal budget annually. Let's just put this in perspective," Yale School of Management Lecturer of ...
US stocks were little changed on Thursday as investors waited for a Jerome Powell speech to set the tone for interest-rate ...
The Dow Jones Industrial Average ( ^DJI) ticked up 0.2%, while the S&P 500 ( ^GSPC) rose 0.1%. The Nasdaq Composite ( ^IXIC) ...
Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the economy’s strength, and that the Fed would be "watching carefully" to make ...
US stocks slid on Thursday as the post-election rally stalled further and investors assessed remarks from Federal Reserve Chair Jerome Powell, who said in a speech that the central bank does not need ...