Welcome to the weekly Port City Life newsletter brought to you by me, StarNews cultural issues reporter John Staton. With the Wilmington area's epic snow "falling" early in the week, its impact on ...
The euphoria over the possibility of another local policy rate cut has yet to fade and continued to drive down yields on short-term local debt notes, allowing the government to borrow more than ...
SINGAPORE, Jan 14 (Reuters) - The dollar hovered near its highest level in more than two years on Tuesday as traders scale back wagers on U.S. rate cuts in 2025 after strong economic data ...
(Reuters pic) The dollar hovered near its highest level in more than two years today as traders scale back wagers on US rate cuts in 2025 after strong economic data, while investor worries about ...
As a result, the Federal Reserve could be much less likely to cut borrowing costs again in the coming months. The Fed cut its rate three times last year in part out of concern that hiring and growth ...
Global stock markets are under pressure today from rising bond yields after last Friday’s stronger-than-expected US Dec payroll report diminished chances of additional Fed interest rate cuts.
Further, the crucial US Non-Farm Payrolls data reported stronger-than-expected job additions in December, bolstering the case for a prolonged pause in rate cuts by the Fed,” Sugandha added.