Fed to “get pushed into deeper” rate cuts in 2024 – BofA
Investing.com — The Federal Reserve will “get pushed into deeper” interest rate reductions later this year following an aggressive borrowing cost...
Fed’s next rate cut will be smaller, traders bet
(Reuters) – Traders on Thursday added to bets the U.S. Federal Reserve’s next rate cut will be smaller than the...
Europe’s banks may lack enough loan loss cover for property slump, says Moody’s
By Iain Withers LONDON (Reuters) – European banks may not be sufficiently provisioned for property loan defaults if severe pressure...
What can go wrong for risk after a 50bps Fed cut? Goldman answers
According to Goldman Sachs, while a 50bps rate cut by the Fed on Wednesday may seem positive for risk assets...
Bradley Goris, director of Consumers Bancorp, buys shares worth $7.6k
In a recent transaction, Bradley Goris, a board member of Consumers Bancorp Inc (NASDAQ:CBKM), has increased his stake in the...
Dollar dips, stocks steady as traders brace for Fed easing
By Kevin Buckland and Sruthi Shankar (Reuters) – The dollar slipped on Wednesday even as Treasury yields edged higher and...
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.30%
Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Media & Publishing, Building...
BMW stock pops as Citi says selloff has gone too far
Shares of BMW rose on Wednesday following a report from Citi Research that suggested the recent selloff had been overdone....
It’s the Fed day: The 50bp vs. 25bp is noise, focus on this instead says Wells Fargo
As the Federal Reserve prepares for its rate decision, Wells Fargo analysts urge investors to look beyond the debate over...
U.S. government will likely avoid shutdown ‘at the last minute,’ Evercore says
Investing.com — Congress is facing a critical deadline to fund the federal government’s operations and avoid a shutdown. Lawmakers must...
