December 9, 2024 United States: Bond Traders See Inflation Data Key to Timing Next Rate Cut Bond traders are hoping to coast to the end of a volatile year — unless a surprise jump in inflation throws them another curve. Treasuries extended their recent rebound on Friday after the monthly jobs report indicated
December 6, 2024 United States: US Payrolls Rebound From Storms and Strikes, Rising by 227,000 The US job market returned to health last month after a storm- and strike-constrained October, with a solid advance in payrolls helping to temper concerns of a worsening slowdown in labor demand. Nonfarm payrolls increased 227,000 last month
December 5, 2024 United States: US Jobless Claims Rise to One-Month High in Thanksgiving Week Applications for US unemployment benefits rose to the highest in a month during a week that included the Thanksgiving holiday. Initial claims increased by 9,000 to 224,000 in the week ended Nov. 30. The median forecast in a
December 4, 2024 United States: US Companies Added 146,000 Jobs in November, ADP Data Show Employment at US companies remained firm in November, adding to evidence of a slowing but resilient labor market. Private payrolls rose by 146,000 last month after an October increase that was revised down to 184,000, according to ADP
December 03, 2024 The World Bank announced that developing countries spent a record $1.4 trillion servicing their foreign debts in 2023, as interest costs climbed to a 20-year high. This surge in costs has squeezed budgets for essential services, including healthcare, education, and environmental protection. According to the bank's latest International Debt Report, total foreign
December 3, 2024 United States: Fed Officials Keep Options Open for December Rate Decision Three Federal Reserve officials on Monday made clear they expect the US central bank to continue cutting interest rates over the next year but stopped short of saying they are committed to making the next reduction later this month.
December 2, 2024 United States: Treasuries Start Week on Back Foot Ahead of Crucial Jobs Data Treasuries fell on Monday as traders looked ahead to US data that may help shape future Federal Reserve interest rate policy. Yields on the US five-year note added as much as six basis points to 4.10% after
November 29, 2024 United States: US Futures Gain as Dollar Snaps 8-Week Winning Run: Markets Wrap US equity futures gained with Treasuries Friday, while speculation that president-elect Donald Trump will temper his most extreme trade policies drove the dollar to its biggest weekly loss in three months. Contracts on the S&P 500 rose 0.2%,
November 28, 2024 United States: Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates. The so-called core personal consumption expenditures price index, which strips out volatile food and energy
November 27, 2024 United States: US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool. Gross domestic product increased at a 2.8% annualized pace in the
