Summary United States: Sticky Inflation, Sticky Wicket for the Fed Price data this week showed that inflation remains stubbornly above the FOMC’s target. Overall inflation has trended sideways in recent months, and while we do Read more…
Markets had a volatile week, with US 100 (Nasdaq 100) reaching new highs and a strong likelihood of a Fed rate cut next week. Major central bank meetings dominate the week ahead. The BoJ faces Read more…
Canadian consumer price index growth is expected to have eased slightly in November after picking up in October, which is consistent with a persistently softening economy that’s left broader inflation pressures tracking at or below Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Holidays usually mean time spent inside with families and friends — Read more…
Nominated by President Joseph Biden and confirmed by Senate in October 2023, Federal Aviation Administration (FAA) chief Mike Whitaker just announced that he would be stepping down from his role as head of the regulatory Read more…
Apple (AAPL) shares were active in early Friday trading, and withing striking distance of their all-time highs, following a bullish note from a top Wall Street analyst who predicted the stock’s impressive second half rally Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Electric bikes are a must-have for anyone who wants to get Read more…
We expect the Fed to cut the policy rate target by 25bp in the December meeting. The Fed could also cut the ON RRP facility rate by an additional 5bp, but we do not expect Read more…
As economic data continues to confirm that the inflation problem is more or less over, there is no longer a need for central banks to maintain restrictive levels of interest rates. Hence, this has been Read more…
EURUSD: No light at the end of the tunnel EURUSD is down by 4.78% year-to-date and has been stuck in a range since the ECB signaled the end of its rate hike cycle more than a Read more…