BofA bets on a potential Fed rate hike
After hotter-than-expected jobs report, Fed funds futures show higher chance of Fed pausing rate cuts next few months
Friday’s hotter than expected jobs report spurred traders in the federal-funds futures markets to price in a higher probability that the Federal Reserve will maintain its benchmark interest rate at the current level over the next few months.
Banks told the Fed ahead of the December policy meeting that they saw this process ending in June of this year.
U.S. stocks are sinking on worries that Friday’s good news on the job market may be too good and prove to be bad for Wall ...
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Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Federal Reserve Vice Chair for Supervision Michael Barr said he plans to step down from his role by next month to avoid a ...
The S&P 500 and the Dow Jones Industrial Average were down Wednesday morning while the Nasdaq composite was slightly up.
The S&P 500 rose 0.2% in afternoon trading following its 1.1% slump the day before. The Dow Jones Industrial Average was up 87 points.
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Investors head into the new year believing the economy on a firm footing. That wasn’t the case at the start of 2024, when ...
BANGKOK (AP) — World shares were mixed on Thursday after the latest U.S. economic data calmed frazzled nerves on Wall Street.
U.S. stocks tumbled, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears and ...
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