Author: Admin
In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council Director Kevin Hassett to lead the Federal Reserve since May 2026.When asked if Kevin Warsh was at the top of the list Trump said “Yes, I think he is. I think you have Kevin and Kevin. They’re both—I think the two Kevins are great,” he said. “I think there are a couple of other people that are great.”The article mentioned that Warsh was grilled over a 45 minute meeting…
“They have already paid the mortgage. It makes no sense to require them to ‘pay’ it again.”
Newsquawk Highlights include US NFP, CPI and Retail Sales, BoJ, BoE, ECB, UK Jobs, UK CPI, and Japan CPI US Debt Clock MON: Chinese Activity Data (Nov), EZ Industrial Production (Oct), Canadian CPI (Nov) TUE: NBH Announcement, UK Jobs Report (Oct), EZ/UK/US Flash PMIs (Dec), German ZEW Survey (Dec), Japanese Trade Balance (Nov), US Jobs Report (Nov) WED: UK Inflation (Nov), EZ CPI Final (Nov), US Retail Sales (Oct) THU: ECB Announcement, BoE Announcement, Norges Bank Announcement, Riksbank Announcement, CNB Announcement, US CPI (Nov), Japanese CPI (Nov), US Real Earnings (Nov) FRI: BoJ Announcement, CBR Announcement, Quad Witching, UK PSNB…
AI semiconductor revenue at Broadcom could double this quarter after seeing 74% growth in the latest period.
GBP/USD is holding firmly in bullish territory heading into the tail end of the week, but Cable bidders ran into a technical resistance point at the 1.3400 handle on Thursday. The Federal Reserve (Fed) delivered a third straight interest rate cut this week, bolstering broad-market risk appetite and pushing the US Dollar (USD) into the low side across the board.Fed Chair Jerome Powell cautioned following the Fed’s latest interest rate trim that further moves on rates are less than likely heading into 2026, and the majority of Fed policymakers see barely two more interest rate cuts over the next two…
Tax-law changes may allow you to increase the transaction you had planned.
The Federal Open Market Committee (FOMC) lowered the federal funds rate by 25 basis points for the third straight meeting on Wednesday.The rate is now at the 3.50% to 3.75% range – the lowest it has been since September 2022.As has been the case in recent meetings, there was a split on the committee with three dissenting votes. FOMC member Stephen Miran voted no, seeking a 50-basis point reduction, while Austan Goolsbee and Jeffrey Schmid voted no, favoring no rate cut.Along with the rate cut, the FOMC also released its quarterly summary of projections, or dot plot. The dot plot…
The Federal Reserve has cut interest rates, possibly for the last time for a while. What’s the best move home buyers and homeowners can make right now — and what could be a costly mistake?
Current Interest Rates How the 2026 FOMC Shake-Up Could Reshape Federal Reserve Policy Current Interest Rates Just weeks ago, money markets were pricing in a 70% chance the Federal Reserve would not cut rates on December 10. In an abrupt shift, markets flipped, and rate-cut odds surged to 84%, strongly favoring a 25-basis-point reduction. If the FOMC follows the market’s lead, investors will be watching not only the policy statement but also how many voting members dissent, a key signal for the path of rate cuts in 2026. But there’s another major wild card: the 2026 makeup of…
Rising Treasury yields could be an roadblock for small caps, but fundamentals finally have started to improve, says one money manager.