Economy

Treasury cuts Q3 borrowing estimate as slower pace of QT boosts cash balance

Investing.com -- The U.S. Treasury on Monday cut its estimate for federal borrowing for the third quarter amid a higher-than-expected cash balance.

FOMC to leave rates unchanged this week; may lay groundwork for September cut

Federal Reserve officials are widely expected to hold rates steady on Wednesday but are anticipated to signal that the first 25 basis point (bps) rate cut could come at the next meeting in September.

Terminal Federal Funds Rate to hit 3.25-3.50% in 2025: Citi

Citi analysts anticipate significant changes in the Federal Reserve's monetary policy, projecting that the terminal federal funds rate will decline to 3.25-3.50% by 2025.

Central bank meetings, Apple, corporate earnings - what's moving markets

Goldman Sachs: Fed to indicate September rate cut 'more likely'

Recent comments from Federal Reserve officials signal they will likely remain on hold at their upcoming meeting, but the prospect of a first interest rate cut has become more probable, according to Go

Fed unlikely to cut rates next week, but may send clear signal on September cut

Investing.com -- The Federal Reserve's meeting next week is expected to come to soon for rate cuts, but central bank will likely take the opportunity to set the stage for a September rate cut followin

Today's PCE report won't change the backdrop for the Fed: Wall Street

The Personal Consumption Expenditures (PCE) price index, a key inflation gauge that the Federal Reserve closely monitors, showed only a modest increase in June.

BofA's out-of-consensus call: Fed will cut just once this year

Bank of America (NYSE:BAC) economists expect the Federal Reserve to maintain its policy rate unchanged in July while indicating that progress on reducing inflation has resumed.

FOMC statement will open the door to a September cut: Morgan Stanley

Morgan Stanley (NYSE:MS) analysts anticipate that the Federal Reserve's upcoming July meeting will pave the way for a rate cut in September.

Despite election outcome, Fed will cut rates in September and through 2025: Citi

The Federal Reserve's path for monetary policy likely remains unaffected by the outcome of the upcoming U.S. presidential election or the composition of Congress, Citi economists said in a Thursday no

PCE release, Apple's Chinese sales, European earnings - what's moving markets

Q2 GDP, PCE data 'not enough to seriously challenge September Fed cut': Evercore

The latest batch of gross domestic product (GDP) and personal consumption expenditures (PCE) data came in a bit stronger than expected, yet “not enough to seriously challenge” expectations of a Se

Key sectors see price drops since 2022 inflation peak - EPI

Investing.com -The latest economic indicators point to a moderation in consumer price inflation since its peak in June 2022.

BoC lowers rate to 4.5%; Citi expects more cuts as inflation falls

Investing.com - The Bank of Canada (BoC) reduced its overnight rate to 4.5% on Wednesday, a move anticipated by many, including analysts at Citi.

Sooner Fed rate cuts may not save economy from recession

Investing.com -- Sooner Federal Reserve rate cuts may not be enough to stop the central bank from falling behind the curve, throwing the economy and the current stock bull market into a wreck.

5 Wall Street banks discuss next Fed moves after a blowout US Q2 GDP report

The U.S. economy displayed more robust growth than anticipated for the second quarter, with real GDP increasing by 2.8% on a quarterly basis. This surge has brought the year-over-year gain to 3.1%. Th

Citi sees Fed cutting rates at each consecutive meeting staring in September

The U.S. gross domestic product (GDP) expanded at an annualized rate of 2.8% in the second quarter, which marks a massive jump from the 1.4% growth rate observed in the first quarter and much higher t

New investor survey shows at least two Fed cuts this year + January 2025

A recent survey conducted by Strategas reveals a significant shift in investor expectations regarding the Federal Reserve's interest rate policy.

Biden's speech, Ford's miss, European earnings - what's moving markets

Fed's Dudley now calling for Fed rate cut next week amid recession concerns

Investing.com -- Former New Federal Reserve President Bill Dudley on Wednesday called for the Fed to cut rates as soon as next week amid recession concerns, reversing his long-held view for the U.S. c