A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week. Economics
Asia joined a global equity rally after relatively tame US inflation data and cooling jobs numbers clinched a path for the Federal Reserve to cut interest rates next week. Economics
Asian stocks rallied, with MSCI’s regional gauge nearing a record high, after US inflation and jobless claims data cemented expectations the Federal Reserve will cut interest rates next week. Economics
Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week. Economics
US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interest rates. Economics
Amid loose financial conditions and a bubbly market, it's exactly the wrong time Other
US equities pared gains on Monday as a rally in tech shares couldn’t offset declines in other industries, even as traders continue to bet that a Federal Reserve interest rate cut will fuel further stock market gains. Economics
The dollar extended its longest losing streak since April 2023 after a report on the US labor market showed surprising weakness, prompting traders to lock in an interest-rate cut by the Federal Reserve this month. Other
Wall Street traders kept piling into bets the Federal Reserve will cut rates in September as weak labor data spurred gains in bonds. Those wagers also pushed stocks higher amid a rally in tech heavyweights. Economics
