A global bond sell-off is deepening as investors pare Fed rate-cut expectations

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  The Fed Is in No Rush to Cut Rates

  Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
  
  The New York Times - 4d
• 

  Fed Governor Bowman says December interest rate cut should be the last

  Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.
  
  NBC News - 5d

• Fed Governor Bowman says December interest rate cut should be the last

  Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.
  
  CNBC - 5d

• Why two Fed officials doubt the need for many more rate cuts

  One official warned that “progress on inflation could continue to stall.”
  
  MarketWatch - 5d
• 

  Pound falls to 14-month low as bond sell-off piles pressure on Rachel Reeves

  UK borrowing costs rise again, with analyst warning ‘things are also getting rather ugly’. Business live – latest updates The pound has fallen to a 14-month low against the US dollar as the ...
  
  The Guardian - 5d
• 

  Fed officials saw need for ‘careful approach’ to future rate cuts

  Minutes from December meeting show policymakers are concerned about US inflation risks
  
  Financial Times - 6d
• 

  Rate-Cut Decision Was Narrow, Fed Minutes Show

  Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
  
  The New York Times - 6d
• 

  Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

  After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.
  
  Inc. - 6d

• Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

  Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.
  
  CNBC - Jan. 3

More from CNBC

• Meta announces 5% cuts in preparation for 'intense year' — read the internal memo

  Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
  
  CNBC - 1h

• Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says

  Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.
  
  CNBC - 2h

• Intel to spin off venture capital arm as chipmaker continues to restructure

  Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm.
  
  CNBC - 1h

• Budget deficit rose in December and is now 40% higher than it was a year ago

  For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a year prior.
  
  CNBC - 4h

• Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue

  President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.
  
  CNBC - 2h

More in Business

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  Trump Pentagon pick Hegseth nears US Senate approval after testy hearing

  Former Fox News host claims ‘smear campaign’ sought to halt his nomination, but he appears likely to secure votes
  
  Financial Times - 21m

• Elon Musk faces new SEC lawsuit over alleged misdeeds with Twitter purchase

  The SEC says Musk failed to notify the agency when his Twitter stake crossed 5%, allowing him to buy more stock “at artificially low prices from the unsuspecting public.”
  
  MarketWatch - 24m

• ‘I’ve never been happier’: I married a wonderful lady from Ukraine. I have two successful kids. Do I put my wife on the deed to my home?

  “We are now looking to downsize and move to another home and I’m wondering if we should put the new property in joint names.”
  
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• ‘How can you fit your life in a car?’ After Pacific Palisades fire, Malibu business owners face a grim new reality

  When your neighborhood is destroyed by fire, what do you take with you? And how do you face the future?
  
  MarketWatch - 38m

• ‘The memories still exist’: Amber Ugarte on the loss of her Malibu home, built by her late fiancé, and why she’s not even close to giving up

  “The memories still exist,” Ugarte says, “but the property does not.”
  
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