Rate Cuts

The UK’s inflation rate has finally hit the Bank of England’s target of 2%, marking the first time in nearly three years. However, this development may not be enough to prompt immediate rate cuts, according to a prominent economist. What Happened: The Consumer Prices Index rose by 2% in...

Economist Mohamed El-Erian, Chief Advisor at Allianz, raised concerns about the Federal Reserve’s data-dependent approach following the April U.S. jobs report. He suggests it could cause further disruptions in global markets. Red Flags? The April jobs report, released on...

Ken Fisher, the billionaire founder and co-CIO of Fisher Investments, believes that the stock market can continue to rise in 2024 without the need for Federal Reserve interest rate cuts. What Happened: Fisher, in a recent video to his firm’s clients, pointed out that the market’s strong...

Federal Reserve Chair Jerome Powell on Sunday hinted at the possibility of interest rate cuts in 2024, citing a strong economy and decreasing inflation. What Happened: In an interview with CBS News 60 Minutes, Powell acknowledged the significant decrease in inflation over the past year. When asked...

The predictions for Federal Reserve interest rate cuts are starkly different between Morgan Stanley and Goldman Sachs Group. While Morgan Stanley economists forecast deeper cuts due to slowing inflation, Goldman Sachs predictions are more in sync with the Federal Reserve’s own estimates. What...

China’s central bank  People’s Bank of China (PBOC) has unexpectedly slashed important policy rates for the second time in three months. According to Reuters, the PBOC made this decision to support the nation’s struggling economic recovery. The move paves the way for a...

DoubleLine Capital's Jeffrey Gundlach reportedly stated the bond market is hinting there’s going to be rate cuts by the end of this year and said this remains consistent with his view that recessionary odds are “pretty darn high right now.“ What Happened: Gundlach told CNBC that...

The Fed pivot the market is fervently hoping for may not materialize yet, CNBC host Jim Cramer said on Monday. What Happened: Cramer listed four jobs-related data points to lend credence to his expectations of a higher interest rate environment in the near term. Very limited people are reentering...

The market’s a hungry beast and the Fed gave it something to eat, but it hasn’t been satiated yet. Stocks resumed their downhill slide Tuesday and 10-year yields dropped below 1% for the first time ever after the Fed surprised with an emergency 50-basis point easing. Stocks initially...

If you didn’t have whiplash going into Friday’s session, you almost definitely do now. The brutal sell-off that made this the worst week since 2008 ended with some green shoots clawing through the rubble as things turned around sharply in the last half hour of the day. The Nasdaq...

The past two days have delivered two huge bombshells for markets. On Wednesday, the Fed announced its decision to cut the interest rate by 25 basis points, which most investors expected. But yesterday, another more unexpected market driver entered the field when President Trump tweeted about...

After a decade without cutting interest rates, the Fed announced a quarter-point easing Wednesday and also ended its balance sheet reduction program earlier than expected.  However, stocks fell sharply after the decision, possibly because in its post-meeting statement and press conference, the...

The Fed is in focus this week as investors continue to digest bumper jobs data that dampened expectations for an aggressive 50-basis-point rate cut at the central bank’s meeting later this month. While the market still expects a cut of 25 basis points, the scaled back outlook has dampened...

EUR/USD has been rising in response to growing speculation of a rate cut in the US. Euro-zone inflation data may serve as a reminder that Europe has its own troubles. Tuesday's four-hour chart shows EUR/USD has broken above the triple-top but suffers from overbought conditions. EUR/USD is...