adminMortgage Market’s Historical Sway Dulled as Fed Gears Up to Ease
(Bloomberg) — The $8 trillion mortgage market can trigger big swings across fixed income when the Federal Reserve shifts interest rates, but investors say this time is different. Most Read…
US Futures Are Steady in Watchful Mood Before Fed: Markets Wrap
(Bloomberg) — US equity futures kept to tight ranges as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision. Most Read from Bloomberg Traders are split…
Gavin Newsom signs AI bills aimed at fighting election deepfakes like those spread by Elon Musk
California Governor Gavin Newsom is signing into law three bills that target the misuse of video, audio, and images created by artificial intelligence in a sweeping effort to crack down…
Analysis-Traders brace for least predictable Fed meeting in years
By Saqib Iqbal Ahmed and Carolina Mandl NEW YORK (Reuters) – Traders in global financial markets are facing extraordinary uncertainty as they await the U.S. Federal Reserve's expected rate cut…
Dollar catches footing ahead of Fed
By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an…
Oil Steadies With Middle East Tensions and Stockpiles in Focus
(Bloomberg) — Oil steadied after a two-day gain as traders assessed rising tensions in the Middle East, indications of higher US stockpiles, and the likely course of the Federal Reserve’s…
Bond Traders Favor Half-Point Cut in Fed’s ‘Coin Flip’ Decision
(Bloomberg) — Bond traders are favoring bets the Federal Reserve will kick off its interest-rate cutting cycle with a half-point move this week as debate rages on over whether officials…
Sahm rule creator sees 50-bps Fed rate cut on labor market worries
By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut interest rates by 50 basis…
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun John LONDON (Reuters) – Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is unlikely to be as aggressive…
Retail sales top Wall Street estimates in August
Retail sales surpassed Wall Street's estimates in August, as investors keep a close eye on any signs of a slowdown in consumer spending. The data comes as the Federal Reserve's…
