The better US jobs data, keeps the Fed on track toward a 75 basis point hike in early November and another 50 basis points in December. That would bring the Fed target rate to 4.5%. The question is what will the terminal rate be and when? The Fed dot plot saw a terminal rate at 4.6% in 2023 which implies just a single 25 basis point hike in 2023. The Fed is looking at the 4.50-4.75% rate as being restrictive. Is it restrictive enough?
Next week, the US CPI and PPI data will be released.
A snapshot of the currency markets shows the CAD is the strongest while the EUR is the weakest. The US dollar is mixed after trading lower before the report.
Treasury Secretary Janet Yellen fired off a warning shot to Congress at the moment, flagging a crucial debt ceiling timeline that might rattle markets in early 2025.Debt ceiling reinstates Jan 2Default threat window:...
Desk of Contents
Desk of Contents
A Canine’s Means Dwelling (2019)
Breaking (2022)
Alien 3 (1992)
Welcome to the ultimate weekend of 2024. That is the house stretch, and the hiatus between holidays as we countdown to New...
Investing.com-- Bitcoin remained flat on Friday amid comfortable year-end buying and selling volumes, whereas traders stayed cautious concerning the prospect of cryptocurrencies after the Federal Reserve turned hawkish final week.
fell 1.7% to...
Xbox Cloud Gaming service has been down since Thursday, in accordance with the official Xbox Assist Twitter account. It seems that the service, which helps you to play Xbox video games on telephones, tablets...
