Wall Street’s Post-Election Market Euphoria Is Cooling Down
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on ...
Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...
Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
Business Times14m
Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
OIL prices settled down more than 2 per cent on Friday as investors fretted about weaker Chinese demand and a potential ...
Post-election stock rally fizzles as interest rate concerns grow
The S&P 500, Nasdaq and Dow all fell for the week, while pharmaceutical stocks slid after Trump picked anti-vaccine activist ...
Traders See Just Over 50% Chance That Fed Cuts Rates in December
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Crain's Cleveland Business2h
Former Fed economist talks risks to NEO's post-election economy
“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
Crain's Chicago Business2h
'Rates will be a lot lower’ in 12-18 months, Goolsbee says
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.