Markets Markets remained stuck in yesterday’s (US) trading mode in absence of important EMU eco data or ECB talk (silent period ahead of Thursday’s meeting). That means a bid for core bonds as the (US) growth part of the equation enters the spotlight. Investors yesterday zoomed in on significantly declining new orders in the US […]
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Bets on a rate cut by Fed at the September meeting surged overnight, driven by unexpectedly poor ISM services data. This shift in sentiment also propelled S&P 500 and NASDAQ to new record highs while Read more…
Minutes from June FOMC meeting highlight continued concerns about the slow progress in reducing inflation this year. Participants emphasized that it would not be appropriate to lower interest rates until there is “greater confidence” that Read more…
June 11–12, 2024 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, June Read more…