(Reuters) – Merchants of interest-rate futures on Wednesday had been pricing near even odds the Federal Reserve will reduce rates of interest twice by the tip of this yr, with the primary discount to return in June.
Authorities knowledge confirmed shopper costs rose 2.9% within the 12 months by means of December, in step with economists’ expectations. Earlier than the report, interest-rate futures had been pricing a single quarter-point interest-rate reduce this yr, no earlier than June.
(Bloomberg) -- Subscribe to Economics Each day for the newest information and evaluation. After cruising…
People are feeling more and more downbeat in regards to the financial outlook. Some Wall…
President Trump backed away from his threats to take away Federal Reserve Chair Jerome Powell.…
(Bloomberg) -- Federal worker pension advantages are set to be pared again in Republicans’ big…
Eric Thayer/Bloomberg by way of Getty Photos The U.S. GDP is anticipated to have grown…
By Francesco Canepa, Jan Strupczewski and Leika Kihara WASHINGTON (Reuters) -International policymakers gathering in Washington…