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.
The S&P 500 reversed its 2025 advance, to turn negative on the year, amid broad selling, paced by financials and information ...
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 ...
Bank of America thinks that the US rate-cutting cycle is over, though Oxford Economics is still holding to its base forecast ...
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Rumors of the labor market’s imminent decline have been greatly exaggerated for some time. Barring an act of God over the next 10 days, Donald Trump will inherit a healthy domestic economy from Joe ...
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.
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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