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—Rebounding tech stocks drove U.S. indexes higher a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. Treasury yields held relatively steady ahead of an announcement coming Wednesday about what the Federal Reserve will do next with short-term interest rates.
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The EUR/USD pair rose to its highest level this year ahead of important economic data from the United States and Europe. It also recovered as the market waited for the upcoming central bank decisions by the European Central Bank and the Federal Reserve. The EUR/USD pair recovered strongly after Donald Trump was inaugurated last week.
I do believe that this could be a very volatile market, as the Bank of Canada and the Federal Reserve both have meetings this week, and quite frankly Wednesday could be a complete disaster as we have seen in the past, as the central banks will be slamming the market back and forth. While the Canadians are expected to cut rates by 25 basis points, the Federal Reserve is…
Keep in mind that the Federal Reserve meets on Wednesday and then releases its interest rate statement, while the European Central Bank releases its announcement on Thursday. In other words, I expect this pair to be extraordinarily volatile, but at the end of the day we already know that the Europeans are going to be cutting rates, but the Federal Reserve is…
WASHINGTON- The Federal Reserve is almost certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Fed officials, led by Chair Jerome Powell, cut their rate for three meetings in a row, to about 4.3%, from a two-decade high of 5.3%. The last time he was in the White…
NEW YORK- Wall Street is asking regulators for more time to implement a rule requiring centralized Treasury clearing as banks and funds trading U.S. government bonds face a 2026 deadline. The Securities and Exchange Commission adopted in December 2023 new rules aimed at reducing systemic risk in the $28 trillion Treasury market, the world's biggest bond…
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Our news editors obtained a quote from the research from George Mason University,“ His greatest victory occurred by the end of the 1970 s when he argued that the Federal Reserve System, not corporations and unions with market power, was responsible for inflation. For more information on this research see: Monetarism and Monetary Policy. Southern Economic…
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–As a new, significant trading week begins for the EUR/USD pair, the currency pair is consolidating around its recent gains, having surpassed the 1.0521 resistance level, its highest point in over a month, before settling around 1.0490.– Investors are awaiting crucial events that will be shaped by announcements from the US Federal Reserve and the European…
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There were some concerns after inflation ticked up again– it rose to 2.4 percent in December, after having fallen below the ECB's two-percent target several months earlier. The ECB's decision will come a day after the Federal Reserve issues its latest call, with markets expecting the US central bank to hold rates steady, while also watching for its views on the…
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—The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Fed officials, led by Chair Jerome Powell, have cut their rate for three meetings in a row, to about 4.3%, from a two-decade high of 5.3%. The last time he was in the White House,…
