Federal Reserve unveils Instagram, Threads accounts
The Federal Reserve can now be followed on Instagram and Threads. In a news release, the federal agency said it was creating accounts on the two Meta-owned social media platforms …
Interest Rates
U.S. Treasury yields: investors weigh economic outlook
The 10-year Treasury yield hit a new multiyear high Tuesday as investors considered the state of the economy and awaited key data from the labor market that could inform Federal …
RBA rates decision October: Reserve Bank of Australia hands down interest rates decision after board meeting
The Reserve Bank of Australia has held interest rates steady for a fourth consecutive month. But a hike before the end of the year remains possible, according to one of …
6 reasons a recession is in the cards soon
While the summer brought lower inflation rates, higher jobs rates and boosts of consumer spending, Bloomberg Economics is warning a recession is more likely than not happening soon. Citing the …
Why it’s too easy to be a seller right now
Here are the issues with the market, as I see them. On the one hand, you have the most pronounced seasonable pattern imaginable, which historically suggests that a horrid September …
Surging oil prices fuel fears of dreaded phenomenon
Just a few months ago, investors appeared relatively sanguine about the dreaded prospect of stagnant economic activity and rising inflation. Oil prices surging to the brink of $100 per barrel …
BlackRock’s Rieder thinks investors should believe the Fed that it’s going to hike again
BlackRock fixed income chief Rick Rieder thinks the Federal Reserve can stop raising interest rates, though it probably won’t. Investors should expect central bank officials to follow through on their …
investors await key economic data
The U.S. 10-year Treasury touched a fresh 15-year high on Thursday after the latest economic data showed continued resilience in the labor market. The yield on the benchmark 10-year note …
Things are ‘likely to remain messy’
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily …
Fed’s Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City, New York, U.S., May 22, 2023. Mike Segar | …