Economy

What is required for the ECB to cut rates quickly?

This article first appeared in Investing.com

Nvidia's results, Apple, Harris interview - what's moving markets

OpenAI in talks to secure new funding at $100B+ valuation

OpenAI, the company behind the widely-used ChatGPT, is reportedly in the midst of negotiations to secure a multi-billion dollar investment that could propel its valuation to over $100 billion.

US recession would be much likelier without Fed rate cuts: Macquarie

Investing.com -- Without Federal Reserve rate cuts, a U.S. recession would be much likelier, analysts at Macquarie warned in a Wednesday note, flagging the growing signs of labor market weakness seen

US Treasury's $70B 5YR auction in small 0.3bps tail even as demand inches higher

Investing.com -- The U.S. government sold $70 billion of five-year notes on Wednesday at a slightly higher-than-expected yield even as demand for the tenor inched higher.

Nvidia, Apple job losses, Bitcoin weakness - what's moving markets

Uncertainty over softer labor market argues for faster Fed cuts, says JPMorgan

The current uncertainty around a softer labor market calls for faster rate cuts by the Federal Reserve, JPMorgan (NYSE:JPM) economists said in a note Tuesday.

Lower rates may spur higher levels of M&A activity in coming quarters

Lower interest rates could lead to a surge in mergers&acquisitions (M&A) activity in the coming quarters, strategists at Wells Fargo (NYSE:WFC) said in a recent report.

RBI's proposed higher liquidity standards positive for Indian banks: BofA

This article first appeared in Investing.com

Labor market to determine size of September Fed rate cuts: Deutsche Bank

Recent statements by Federal Reserve officials signaled that a rate cut in September is likely “a done deal,” although the magnitude of the reduction remains uncertain and data-dependent, Deutsche

Apple CFO, Paramount, Chinese industrial profits - what's moving markets

Rate cuts will help achieve a soft landing: UBS

This article first appeared in Investing.com

Fed's Daly leaves door open to bigger rate cut on further labor market weakness

Investing.com -- San Francisco Fed President Mary Daly on Monday reinforced expectations for a rate cut next month and suggested that a bigger rate cut remains on a monetary policy table should the la

Lane warns ECB risks falling behind on easing; Evercore flags policy concerns

This article first appeared in Investing.com

Powell’s latest pivot won’t be his last

Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium on Friday marked a significant dovish shift in the central bank’s stance on monetary policy.

Futures little changed, rate cut hopes and Nvida earnings - what's moving markets

Investing.com -- Wall Street is seen trading in tight ranges Monday at the start of a week which will bring Nvidia (NASDAQ:NVDA) earnings and inflation data that will likely cement expectations for Se

Did Powell just pour gasoline on stock market's fire?

This article first appeared in Investing.com

Powell's Jackson Hole speech sets low bar for large cuts to ensure soft landing

Investing.com -- Federal Reserve Chair Jerome Powell delivered a dovish speech at the Jackson Hole Symposium on Friday, signaling that the central bank would be willing to deliver a larger rate cut to

Fed's Goolsbee signals support for rate cuts amid warning signs from labor market

Investing.com -- Chicago Federal Reserve President Austan Goolsbee expressed support for interest rate cuts on Friday, citing concerns about high rates amid "warning signs" in the labor market

Wall Street analysts react to Powell's dovish Jackson Hole speech

Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium sparked varied reactions from Wall Street analysts, all noting a dovish tone and a potential shift in the Fed's approach to m