Economy

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 to roll out other stimulus measures to support t

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

Invesitng.com -- Investors continued to buy bonds on bets for a meaningful Fed rate-cutting cycle, but these hopes remain "misplaced," as inflation remains sticky, investment research firm MRB Partner

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 members around whether the current level of intere

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

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 index that saw it briefly touch an intraday recor

Australian job market volatility continues amid softening: Morgan Stanley

Investing.com - April's labour data continued its recent volatility on Thursday, as jobs growth rose more than expected while unemployment rose sharply. According to analysts from Morgan Stanley (NYSE

Bostic sees ongoing disinflation leading to possible cut, but nothing locked in

Investing.com -- Atlanta Federal Reserve President Raphael Bostic on Thursday welcomed recent economic data pointing to slowing inflation -- a trend that he expects to continue, paving the way for a p

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 rate cuts this year.

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 for a so-called “soft landing.”

Futures rise after CPI-powered rally, Walmart to report - what's moving markets

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 inflation last month. Wagers that the Federal Reserve coul

Kashkari backs higher for longer rates amid doubt on whether policy is restrictive

Investing.com -- Minneapolis Fed President Neel Kashkari on Wednesday backed the case for higher for longer interest rates after expressing uncertainty about how restrictive the current level of monet

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

For the May edition of their Monthly Consumer Survey Series, Bank of America (NYSE:BAC) (BofA) analysts surveyed approximately 1,000 US respondents this month to learn about their spending expectation

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

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 8:30 am. It is expected that the overall rate has

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

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

Investing.com -- U.S. futures were broadly unchanged on Tuesday, with markets taking a cautious stance ahead of all-important inflation data later this week. GameStop (NYSE:GME) shares surge after a s

Fed to cut twice or not at all, Evercore ISI says

Investing -- The Federal Reserve is likely to cut rates twice this year starting in September, but if inflation data doesn't show enough of a slowdown by September, then the Fed is unlikely to deliver

US futures, Chinese inflation, Arm's AI division - what's moving markets

India's Retail Inflation to be a Key Trigger for the Markets Next Week

X (formerly, Twitter) - Aayush Khanna

Inflation data next week could mark the start of the end of upside surprises: MS

Investing.com -- Inflation has come under added scrutiny following three months of hotter-than-expected data, but next week's inflation print and others in the months ahead could mark the start of the