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Dollar set for worst year since 2003 as rate outlooks divergeThe U.S. dollar is poised for its worst annual drop in over two decades, as investors anticipate further Federal Reserve rate cuts. Meanwhi...
Dollar soft as traders brace for Trump-Xi, central bank meetingsThe dollar weakened as central banks prepare for meetings. Investors watch President Donald Trump's Asia tour for a trade deal with China. ...
Trump's attack on Goldman Sachs could prompt watering down of Wall Street's independent analysisDonald Trump's criticism of Goldman Sachs' tariff research has sparked concerns about potential self-censorship among Wall Street analysts....
US stocks tick higher as US-Japan trade deal lifts sentimentWall Street opened higher on Wednesday after President Donald Trump struck a trade deal with Japan, shoring up expectations of further agre...
Fed under pressure to cut rates as market turmoil continuesThe global stock sell-off has spurred calls for the US Federal Reserve to lower interest rates quickly and decisively. Some analysts are no...
Dow sinks 1,000 points, extending a global rout, as worries deepen about a US economic slowdownU.S. stock markets plunged in early trading amid growing concerns of a recession, with the S&P 500 falling 4% following its worst week in o...
US consumer inflation falls to 3.3 percent ahead of Fed rate decisionUS consumer inflation ticked lower last month, according to US government data published Wednesday, giving the US Federal Reserve positive ...
Asia shares rise on rate cut bets; RBA seen turning hawkishDemand will be tested at a $58 billion three-year note auction on Tuesday, which is followed by $42 billion in 10-year sales on Wednesday a...
Yen holds nerve as BOJ decision looms; dollar resurgentRate decisions from the BOJ and the Reserve Bank of Australia (RBA) come under the spotlight in the Asia day, and currency moves were subdu...
Goldman Sachs, Morgan Stanley diverge on Fed rate-cut forecastsThe central bank will start cutting rates in June 2024, then again in September and every meeting from the fourth quarter onward, each in 2...
Stock traders’ risk appetite faces great resetPut another way, the Federal Reserve’s restrictive monetary policy is tightening financial conditions by design. The two-month damage to st...
Debate over rate moves at US central bank is shiftingInflation pressures are easing, which could give policymakers room to keep interest rates at or near current levels for the time being. Sti...
US Fed likely to hike rates again as banking fears resurfaceThe US central bank began its aggressive campaign of interest-rate hikes in March last year, and has since raised rates nine times in a row...
At least two more Fed rate hikes and no cut this year, say economistsThanks to much stronger than expected U.S. jobs data earlier this month, Fed policymakers, including Fed chair Jerome Powell, have reiterat...
Goldman Sachs expecting five Fed rate hikes this yearEconomists have scrambled to update rate hike expectations since the Fed on Wednesday said it was likely to hike interest rates in March an...
When will U.S. economy bottom? Economists hunt for the right viewThe economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as millions lose jo...
Janet Yellen has no need to worry about foreign prices: Goldman SachsFederal Reserve Chair Janet Yellen doesn’t need to worry about the lack of foreign inflation in 2016 if Goldman Sachs Group economists are ...