DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
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Wall Street still sees two rate cuts this year, but conviction is getting weaker, CNBC survey finds
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.CNBC - 2d -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
DoubleLine’s Gundlach says the Fed looks like Mr. Magoo, focuses too much on 'short-termism'
"CPI month-over-month change has got the Fed zig-zagging," Gundlach said.CNBC - Jan. 15 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
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 - Jan. 9 -
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 - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6
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UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
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RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings
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Pending home sales drop sharply in December as mortgage rates surge back over 7%
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Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low
The company is also optimistic that it will see demand growth in certain markets.MarketWatch - 30m -
Trump lashes out at Biden, DEI efforts after D.C. plane crash
President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.CNBC - 31m -
Southwest risks regulatory scrutiny after including adjusted revenue with quarterly numbers
SEC only allows companies to adjust revenue figures under limited circumstances.MarketWatch - 38m -
Why the Fed may be done cutting interest rates, once and for all
Some economists were saying Wednesday that the rate-cutting cycle is over, while others think the Federal Reserve won’t ease rates again until 2026.MarketWatch - 39m -
67 believed dead after American Airlines plane collides with Army helicopter
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.CNBC - 39m