Latest in 10 year Treasury yield slides after Powell remarks point to Fed rate cuts
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Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - Yesterday -
Fed’s Daly open to skipping rate cut at one of two remaining meetings this year
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.Business - MarketWatch - October 15 -
Larry Fink says the Fed won't cut interest rates as much as markets expect this year
"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.Business - CNBC - October 29 -
Trump chooses Susie Wiles as White House chief of staff
President-elect chooses his 2024 campaign manager in first appointment to major role in administrationWorld - Financial Times - Yesterday -
How Orbán seized the Trump moment to speak for Europe
Also in this newsletter: Italy’s second attempt to ship migrants to AlbaniaWorld - Financial Times - Yesterday -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - Yesterday -
Over 60 held as violence breaks out against Israeli football fans in Amsterdam
Clashes take place after Europa League match between Ajax and Maccabi Tel AvivWorld - Financial Times - Yesterday