Economy

Piper Sandler reacts to calls for more fiscal stimulus? 'You've got...

A bipartisan Senate group last week recommended tens of billions of dollars in new federal spending to ensure the safe development of AI and maintain...

Bank of America warns: Fed is not close to start cutting rates

Bank of America (NYSE:BAC) warned investors in a note Monday that the bar for Federal Reserve rate hikes is high, but rate cuts are still far off.

U.S. futures inch higher, Nvidia to report this week - what's moving...

Investing.com -- U.S. stock futures edge higher after the Dow ended trading on Friday above the 40,000 mark for the first time. Nvidia (NASDAQ:NVDA) i...

China housing market stability to take at least 6-12 mths- Morgan St...

Investing.com-- China’s housing market sales will likely take at least six to 12 months before stabilizing, Morgan Stanley (NYSE:MS) analysts wrote in...

China keeps loan prime rate unchanged as stimulus measures continue

Investing.com-- The People’s Bank of China kept its benchmark loan prime rate (LPR) unchanged on Monday as widely expected, even as Beijing continued...

Bond buying on bets for Fed cutting cycle 'misplaced,' MRB Partners...

Invesitng.com -- Investors continued to buy bonds on bets for a meaningful Fed rate-cutting cycle, but these hopes remain "misplaced," as inflation re...

Minutes from Fed's May meeting to show members leaning hawkish: BofA

Investing.com -- The hawkish tone is likely to be the big takeaway from the minutes of the Federal Reserve's meeting due next week, with debate among...

Piper Sandler sees Fed cutting rates three times over the next 8 mee...

Piper Sandler analysts said Thursday they expect the Federal Reserve to reduce interest rates three times over the next eight meetings.

Futures muted, OpenAI and Reddit strike deal - what's moving markets

Investing.com -- U.S. stock futures are muted on Friday, with Dow futures in particular treading water following a momentous session for the blue-chip...

Australian job market volatility continues amid softening: Morgan St...

Investing.com - April's labour data continued its recent volatility on Thursday, as jobs growth rose more than expected while unemployment rose sharpl...

Bostic sees ongoing disinflation leading to possible cut, but nothin...

Investing.com -- Atlanta Federal Reserve President Raphael Bostic on Thursday welcomed recent economic data pointing to slowing inflation -- a trend t...

Fed not ready to cut yet even after CPI - Williams

'Unlikely the Fed will move aggressively' on rates: Wells Fargo

Analysts at investment bank Wells Fargo (NYSE:WFC) feel it is unlikely the US Federal Reserve will move aggressively on rates, although they do see ra...

UBS sees two Fed cuts in 2024, yields falling below 4%

Stocks and bonds rallied on Wednesday following U.S. economic reports showing cooler inflation and flat retail sales in April, fueling investor hopes...

Futures rise after CPI-powered rally, Walmart to report - what's mov...

Investing.com -- U.S. stock futures edge up, suggesting an extension to a rally on Wall Street that was sparked by data showing a slowdown in inflatio...

Kashkari backs higher for longer rates amid doubt on whether policy...

Investing.com -- Minneapolis Fed President Neel Kashkari on Wednesday backed the case for higher for longer interest rates after expressing uncertaint...

Is Fed in a big hole? BofA's survey shows spending expectations are...

For the May edition of their Monthly Consumer Survey Series, Bank of America (NYSE:BAC) (BofA) analysts surveyed approximately 1,000 US respondents th...

U.S. CPI preview - Be very careful with these details as you trade t...

Investing.com - Markets are on edge ahead of this week's macroeconomic data: the United States inflation for the month of April, which we will know at...

US CPI, Cisco earnings, meme stocks - what's moving markets

Futures muted, GameStop surges, OpenAI announcement - what's moving...

Investing.com -- U.S. futures were broadly unchanged on Tuesday, with markets taking a cautious stance ahead of all-important inflation data later thi...