U.S. Highlights The Federal Reserve started its easing cycle with a bang, reducing the policy rate by 50 basis points (bps), bringing the target range to 4.75%-5.0%. Futures markets are pricing an additional 75 bps of cuts by year-end, slightly more than the updated median FOMC forecast, which shows another 50 bps of cuts. Economic […]
The post The Weekly Bottom Line: Canada – Inflation Hits the Mark appeared first on Action Forex.
At the start of the week, months of speculation that Spirit Airlines (SAVE) would soon file for bankruptcy were confirmed by the airline. The low-cost airline, struggling under $3.8 billion of debt, sent customers a letter saying Read more…
Markets News agency Reuters reported just before the start of European trading that Russian President Putin would be open to talks on a ceasefire deal in Ukraine with the US. He wants a carve-up of 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. Spending a lot of money for a good comforter used to Read more…