The bar for a March rate cut from the Federal Reserve now appears higher, Morgan Stanley (NYSE:MS) said, despite sticking with its call for March and June cut this year as the Fed chairman Jerome Powell made at the January FOMC meeting that more signs of disinflation would be needed to resume cuts.
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy and what could happen down the road; and the Bluebook, which looked at how various decisions on interest rates could play out.
Steve Liesman, JPMorgan’s David Kelly, Wolfe’s Stephanie Roth and Morgan Stanley’s Jim Caron, join 'Power Lunch' to discuss the Fed's rate decision and the Federal rate outlook.
Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.
“While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more ‘silent’ plurality of investors looking to sell the dollar instead,” strategists including David Adams wrote in a note. “Many have dry powder and are waiting for a sign to enter shorts.”
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
We recently published a list of 12 Undervalued Cyclical Stocks to Buy Right Now In this article, we are going to take a look at where Expedia Group, Inc.
We recently published a list of 10 Unstoppable Stocks to Buy in 2025. In this article, we are going to take a look at where Vertiv Holdings Co (NYSE:VRT) stands against other unstoppable stocks to buy in 2025.
LONDON (Reuters) - In a week when AI chipmaker Nvidia suffered the biggest one-day loss of value on record and the Federal Reserve said it was in no hurry to cut rates again, a few gauges underscore markets' vulnerability to big swings.
By Amanda Cooper and Lawrence Delevingne LONDON/BOSTON (Reuters) -Wall Street shares advanced on Thursday as investors cheered updates from Meta and Tesla , while the dollar dipped, further boosting gold prices.
A placid day in markets turned volatile before the close Thursday as President Donald Trump’s vow to slap 25% tariffs on Mexico and Canada sent currencies of both countries tumbling. Stocks buckled then recovered from the late-session shock,