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US data has Fed striding toward rate cut next week, and tip-toeing into 2025
Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention focused on policymakers' new economic projections released alongside the decision.
Asian stocks rise after US inflation data clears way for rate cut
Asian markets rose on Thursday after US inflation data cleared the way for another Federal Reserve rate cut next week. November inflation in the world’s largest economy came in at 2.7 per cent, higher than the previous month but in line with market expectations,
Stocks mostly rise as US inflation data boosts rate cut hopes
US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.
Toronto stocks rise on BoC's jumbo rate cut, US inflation data
Canada's main stock index rose on Tuesday, helped by mining shares, as investors cheered the Bank of Canada's hefty interest rate cut and the possibility of a U.S. rate cut next week. The Toronto Stock Exchange's S&P/TSX composite index was up 59.
6h
on MSN
Trump government may fall short in its delivery of economic policies, says economist
Taimur Baig of DBS Group Research talks about the inconsistencies that he thinks the incoming Trump administration may find ...
8d
on MSN
US Economic Growth Projected To Slow Over Next Two Years
The U.S. economy is predicted to slow in growth, according to reports by the Organisation for Economic Co-operation and ...
1d
US bank executives expect Trump to ease rules, fuel growth
President-elect Donald Trump is expected to adopt pro-growth policies that ease U.S. banking and credit card regulations ...
Opinion
2h
Opinion
Opinion: How Trump’s rebound might impact Connecticut’s 2025 economy
Despite Trump-driven turbulence in these five key sectors crucial to Connecticut’s economy –nevertheless, there is much ...
9d
US economy poised for 'solid' growth in 2025 because America 'doesn't import recessions': BofA
In a research note released to reporters on Monday, BofA's economics team led by Claudio Irigoyen projected the US economy ...
11d
Fed's Powell may have made US monetary policy boring again
For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing ...
10d
'US economy is in a good place' and should beat expectations in 2025: Goldman Sachs
Goldman Sachs expects 2.5% growth in 2025 for the U.S. gross domestic product, which is a broad measure of the economy.
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