Chicago Fed President Austan Goolsbee emphasized the need for caution before resuming rate cuts, citing uncertainty over the economic impact of the Trump administration’s policies. Speaking in a TV interview overnight, Goolsbee stated that Fed remains in “wait-and-see” mode as it assesses the effects of new tariffs, immigration policies, tax cuts, government spending reductions, and […]
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Markets US stock markets traded heavy for a second session straight. They eventually closed at the session lows after hitting an air pocket in the final ten minutes of trading. The S&P 500 and Nasdaq Read more…
The European stocks started the week near flat, while German companies gave back early gains, boosted by the idea – hope – that the new German government will relax spending rules and announce a special Read more…
In focus today From the US, Conference Board’s February consumer confidence survey is due for release. The Fed’s Logan and Barkin will also be on the wires today. Today, we receive the ECB’s negotiated wages Read more…