Macquarie expects FOMC to cut rates after US CPI data
Macquarie has reaffirmed its expectation that the Federal Open Market Committee (FOMC) will implement a single 25 basis points rate…
Latest US sanctions on Russia more serious says Macquarie
Macquarie strategists assessed the latest round of US sanctions, emphasizing their severity compared to previous measures. The sanctions, which target…
Bank of England official urges swift rate cut amid economic slowdown signs
Investing.com — Alan Taylor, the most recent appointee to the Bank of England’s (BoE) interest rate-setting body, has called for…
Bank of England’s Taylor says it’s time to cut interest rates
By Andy Bruce LEEDS, England (Reuters) -The Bank of England should move quickly to bring down interest rates given signs…
Hedge funds increased bearish bets ahead of Friday’s blowout US jobs report, banks say
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds added more bets against U.S. stocks over the last week…
Yellen defends COVID spending, says it saved millions from losing jobs
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration’s response to…
Fed’s Williams says policy data dependent in very uncertain environment
By Michael S. Derby HARTFORD, Connecticut (Reuters) – Federal Reserve Bank of New York President John Williams said Wednesday that…
Tesla, Facebook lead market cap stock movers on Wednesday
Wednesday’s market has seen notable shifts with stocks like Tesla Motors (NASDAQ:TSLA) and Facebook Inc (NASDAQ:META) experiencing significant gains, while…
US stocks soar after benign CPI release; bank earnings impress
Investing.com — US stocks rose sharply Wednesday after the release of cooler than expected underlying consumer inflation, raising the potential…
Vertical Aerospace stock soars with new chairman appointment
Investing.com — Shares of Vertical Aerospace (NYSE: EVTL) surged 31% after the company announced the appointment of Dómhnal Slattery as…