Economy

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

Bank of England set to cut rates in August - UBS

BofA survey: 55% of investors think Fed will cut twice this year

A recent Bank of America (NYSE:BAC) (BofA) survey reveals that 55% of investors expect the Federal Reserve to cut interest rates twice before the end of the year.

Alphabet/Tesla, Harris leads a poll, European earnings - what's moving markets

What will a Trump presidency look like for China's economy? ANZ weighs in

Investing.com-- Concerns over a second Donald Trump presidency have weighed on Asian markets, specifically China, on what new headwinds they could bring for the region through increased protectionist

What's the ability of a White House to influence the Federal Reserve?

The ability of the White House to influence the Federal Reserve is a topic of significant interest and constitutional debate. According to UBS analysts, the Federal Reserve's structure and its interac

US NFP – Nomura explains how 200k could be the new 100k

The US labor market has been showing perplexing trends recently, marked by robust nonfarm payroll (NFP) growth juxtaposed with a rising unemployment rate.

Here's why the 'Trump trade' could come under pressure in coming weeks: analysts

Vice President Kamala Harris has rapidly become the clear frontrunner for the Democratic nomination, following President Joe Biden's announcement of his withdrawal from the race.

Harris support, Tesla earnings, Wiz's deal - what's moving markets

Trump 2.0 policies likely to be more inflationary despite Biden-Harris switch

Investing.com -- The U.S. election race has taken a dramatic turn as President Joe Biden bowed out, and pass the baton to Vice President Kamala Harris, but former President Donald Trump's expected pol

Biden/Harris, Nvidia's chips, Chinese rate cut - what's moving markets

China cuts loan prime rate to boost slowing economy

Investing.com-- The People’s Bank of China unexpectedly cut its benchmark loan prime rates further into record-low territory on Monday as recent signs of a slowing economic recovery drew more calls

Evercore on how the Fed will adjust if Trump wins

With former President Trump gaining momentum in the polls, Evercore ISI analysts outlined how the Federal Reserve might navigate the potential economic shocks of a Trump victory in a note Friday.

Netflix, Trump nomination, outages - what's moving markets

ECB keeps interest rates unchanged, as expected

Citi: 'Broader and significant' easing to start in H2

Recent data pointed to a growth slowdown in developed markets (DMs), primarily the United States, the euro area, and China.