Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.
With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium
The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set for their worst day since the last US Federal Reserve policy verdict roiled
For Wall Street, it was a welcome return to the type of environment craved by traders and bankers after a muted period when the Federal Reserve was raising rates as it grappled with inflation. Boosted by a Fed in easing mode and the election of Donald ...
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.
Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher
After weeks of speculation, President Joe Biden confirmed on Monday that he would re-nominate the current chairman of the Federal Reserve Bank, Jerome “Jay” Powell, to a second four-year term ...
Here are our top real estate investment trust (REIT) ideas for 2025. They pay among the highest yields and offer solid growth potential.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China.