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Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.CNBC - Business - Federal Reserve -
Two-Year U.S. Treasury Yield Seen Rangebound Near 5% Until More Clarity on Fed Rate Cuts
The two-year Treasury yield is expected to fluctuate between 4.75% and 5% until clarity emerges regarding potential interest-rate cuts by the Federal Reserve, while long-term yields may continue to climb, Saxo said.The Wall Street Journal - World - Federal Reserve -
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.The Wall Street Journal - World