If and when the RBA does cut interest rates, it will provide relief to millions. But it will also bring sighs of despair from others.
A new year means new opportunities. Some of 2024's market winners will flop, and some of its losers will rebound. The S&P 500 is ending the year up about 24% after it fell last week on the Federal Reserve's most recent interest rate decisions.
Within Carillon Chartwell Small Cap Growth Fund, healthcare and industrials were the best-performing sectors in Q3, with strong stock selection leading to alpha generation.
The Federal Reserve is poised to make several key decisions during the year ahead that will impact monetary policy both in the near term and for years to come.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated in the near term, and they may only drop a bit in 2025.
A financial analyst has warned a $4.1 trillion drop in the global money supply could be about to trigger a bitcoin price crash to
The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S. Federal Reserve compared with other global central banks continued to command market direction.
Gold prices steadied in holiday-thinned trade on Tuesday as investors looked ahead to the U.S. Federal Reserve’s interest rate strategy and President-elect Donald Trump’s tariff policies that could shape the metal's trajectory next year.
The Fed is absurdly overstaffed,” is how Mr. Musk puts it on his X platform. Bloomberg News reports that the Fed has some 24,000 people on staff. Paul Volcker, now gone, alas, expressed to us a sense of incredulity at the hundreds of economists employed by the Fed.
The Federal Reserve did what many thought it couldn’t achieve in 2024, and yet in one respect it still ended the year the way it started — worried about stubborn price pressures.
The dollar was rising as a lack of news and data Tuesday should keep markets focused on the prospect of more cautious interest-rate cuts from the Federal Reserve, Swissquote Bank analyst Ipek Ozkardeskaya wrote in a note.
The Dow Jones Industrial Average went up 66.69 points or 0.2% to end at 42,906.95 for its third straight daily gain, according to Dow Jones Market Data. The S&P 500 went up 43.22 points or 0.7% to finish at 5,974.07.