Dollar Posts Worst First Half Since 1973
Policy turmoil and fiscal deficits weigh on U.S. currency The U.S. dollar just logged its worst start to a year since Richard Nixon ended the gold standard in 1971. Through June, the
Powell Stands Firm as Trump Escalates Fed Pressure
Fed Chair Resists Calls to Resign Amid Political Firestorm Federal Reserve Chair Jerome Powell has made it clear to allies that he will not step down under pressure from President Donald Trump,
Wall Street Surges on Rate Cut Hopes After Weak Jobs Data
Indexes rebound sharply as investors bet on Fed easing U.S. stocks rallied on Monday, recovering from last week’s losses as traders grew increasingly confident that the Federal Reserve will cut interest rates
Australia’s Economic Growth Slows, Rate Cuts Likely Ahead
Australia’s economy showed only minimal growth in the first quarter of 2025, highlighting the country’s ongoing economic struggles. Consumer spending remained subdued, and government expenditure, which had previously been a driving force,
Fed’s Waller Suggests Possible Rate Cuts Despite Tariffs
Federal Reserve Governor Christopher Waller suggested on Monday that interest rate cuts could still be possible later this year, even though President Donald Trump’s tariffs may temporarily increase price pressures. Speaking at
Fed Officials Caution on Rates Amid Inflation Risks
Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy
Bank of England Holds Rates as Trade Uncertainty Looms
Interest Rates Remain at 4.5% Amid Economic Pressures The Bank of England (BOE) decided on Thursday to keep interest rates at 4.5%, as the U.K. economy grapples with global trade tensions and
Stocks Flat as Powell Stresses No Rush for Rate Cuts
Stocks remained steady Tuesday as Federal Reserve Chairman Jerome Powell signaled that rate cuts aren’t imminent, while investors monitored inflation data and President Donald Trump’s latest tariff moves. The S&P 500 added
Fed Expected to Pause Rate Cuts Amid Inflation Concerns
Borrowers hoping for additional Federal Reserve rate cuts may have to wait, as the central bank is expected to hold rates steady at its January 29 meeting. According to FactSet polling, more
Rising Treasury Yields Challenge U.S. Stock Rally Amid Fed’s Hawkish Shift
The U.S. stock market rally hit a major roadblock on Wednesday as the Federal Reserve signaled fewer rate cuts for 2025 than previously expected, raising Treasury yields and stoking concerns about elevated
European and Global Markets Start the Week on a Cautious Note
China began the week with disappointing economic data. Retail sales in November rose just 3.0% year-over-year, falling short of the median forecast of 4.6%. Additionally, house prices continued their decline, though industrial
U.S. November Job Growth and Fed Rate Cuts Outlook
The U.S. labor market rebounded strongly in November, adding 227,000 jobs despite disruptions from hurricanes and strikes in prior months. However, a slight uptick in the unemployment rate to 4.2% suggests easing
Investors Eye Inflation Trends as Stock Market Hits Record Highs
Investors are set to closely monitor inflation data in the coming week, as they assess whether current trends can sustain the stock market’s record-breaking rally following Donald Trump’s victory in the U.S.
