Federal Reserve has lowered the key overnight interest rate by 0.25% to a range of 4.50%-4.75%. The Fed says the economic outlook is uncertain and […]
Tag: Interest rates
Bank of England Cuts Interest Rates to 4.75%, Cautions on Inflation Risks from New Budget
The Bank of England has cut borrowing costs for the second time this year, though it hasn’t committed to speeding up rate cuts. Officials cautioned […]
FOMC Preview: November Meeting – Morgan Stanley, Trump Victory Means Fewer Fed Cuts: Nomura, Fed May Revise Assumptions in December If Republicans Gain Control of Both Congressional Chambers – Nick Timiraos
Morgan Stanley: The economy is growing strongly, but inflation is getting closer to the target, which leads the Federal Reserve to reduce the interest rate […]
ECB Lowers Deposit Facility Rate by 25 Basis Points
ECB has reduced the deposit facility rate by 25 basis points. Main interest rate: Now 3.40%, down from 3.65%, as expected. Deposit facility rate: Now […]
Summary of Federal Reserve Meeting Minutes: Key Insights and Economic Outlook
Some members of the Federal Reserve noted that there was a reasonable argument for cutting interest rates by 25 basis points during the July meeting. […]
U.S. Debt Levels Surge in Q2 2024 Amid High Interest Rates and Inflation
In the second quarter of 2024, U.S. debt levels saw notable increases across various sectors, reflecting the broader economic landscape characterized by persistent inflation, elevated […]
U.S. Consumers’ Expectations for Income Growth Fall to Lowest Level Since 2013
Recent data reveals that U.S. consumers’ expectations for their income to rise faster than prices have fallen to their lowest level since 2013. This signals […]
JP Morgan CEO Jamie Dimon Warns U.S. Economy Faces Threat Worse Than Recession
JP Morgan Chase CEO Jamie Dimon has issued a stark warning about the future of the U.S. economy, suggesting it may face challenges even worse […]
U.S. Household Net Worth Hits Record High in Q2 2024: Fed Report
The U.S. Federal Reserve has reported that household net worth surged to a record $163.8 trillion in the second quarter of 2024. This increase reflects […]
Hedge Funds Increase Bets Against Financial Stocks Amidst Global Economic Uncertainty
Hedge funds ramp up their bets against bank and financial stocks during the week leading up to Friday, according to a note from Goldman Sachs. […]
Hedge Funds Are Most Bullish on Gold in Four Years as Fed Rate Cuts Loom
Hedge funds have raised their bullish bets on gold to the highest level in four years. This surge in confidence comes as many traders expect […]
China May Sell Up to $1 Trillion of U.S. Dollar-Denominated Assets, Potentially Strengthening the Yuan by Up to 10%
China is reportedly considering selling up to $1 trillion worth of U.S. dollar-denominated assets, which could have a significant impact on global markets. This move […]