Unsurprisingly, the FOMC made clear it was too early to assess the economic implications of this week’s US election. Activity and prices meanwhile justify a gradual withdrawal of policy tightness. The US FOMC delivered a 25bp cut at its November meeting as expected, taking the mid-point of the fed funds range to 4.625%. Overall, the […]
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Classic rock bands have a reputation for signing on for Las Vegas Strip residencies and extending them weeks, months, and sometimes years into the future. Hard rock band Scorpions celebrated the 40th anniversary of its Read more…
US 10-year Treasury yield eased back notably overnight following Fed’s decision to keep interest rates steady. Chair Jerome Powell’s balanced commentary offered a calm counterpoint to the election-fueled rally in yields seen earlier this week. Read more…
For decades, Walmart has been the go-to place for families to purchase all the Christmas essentials to get into the holiday spirit. From Christmas trees to gift wrapping paper to gifts for the entire family, Read more…