Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…
‘Good one, Donald’: Biden flaunts stock market record highs, mocks Trump for predicting ‘collapse’
President Joe Biden paraded this week’s stock market record highs Friday in a new campaign video that trolled his predecessor,…
European Central Bank holds rates and trims its inflation forecast
The European Central Bank on Thursday held interest rates steady for the second meeting in a row, as it revised…
Retail sales rose 0.3% in November vs. expectations for a decline
Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued…
Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…
‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
LONDON — Markets have entered a “new paradigm” as the global order fragments, while heightened recession risk means that “bonds…
