Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated that interest rate cuts may be postponed. Additionally, inflation remains a concern and is anticipated to stay high.
JPMorgan Chase stands head-and-shoulders above the rest of this group of largest U.S. banks by ROAA, while Morgan Stanley runs a pretty close second when its performance is measured by ROTCE. And with such a large balance sheet, it is not a stretch to call JPM the best performer in the U.S. banking industry.
Investors in short-term Treasury bills could see supply turn negative as soon as April as the latest battle over the U.S. debt limit unfolds, according to a BofA Global estimate.
Don’t Wait for a Correction to Join a Bull Market If you’re interested in investing, you’re likely familiar with Warren Buffet’s famous quote from his 1986 Chairman’s letter: “Be fearful when others are greedy and greedy when others are fearful.
JPMorgan posts record profits, Lululemon raises guidance, Cogeco kickstarts three-year plan, and UnitedHealth beats expectations.
Investors initially expected multiple rate cuts in 2024, but now anticipate at most one, reflecting the Fed's ongoing inflation concerns. Read what investors need to know.
An analysis of how market segments have performed since the Federal Reserve started cutting rates, with insights on current trends and future expectations.
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […]
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