Both the European Central Bank and the Bank of Canada have initiated 25 basis point cuts in their interest rates, but their US counterpart has not followed suit. In the June decision, the Federal Reserve again kept its policy interest rate unchanged at 5.25% to 5.5% and indicated that markets could expect only one possible … Read more
After a rough start to 2024, recent inflation data could very well mean more fuel for the current stock market rally. “Falling inflation continues to be one of the main factors behind the bull market in equities,” Julian Emanuel, who heads equity, derivatives and quantitative strategy at Evercore ISI, wrote in a note to clients. … Read more
Jun 17, 2024 4:20 pm 3 min reading (Updated: 17 June 2024 16:21) The latest Focus report, a weekly survey by the Central Bank of top-rated investment firms, confirms the near-consensus perception that Brazil’s monetary easing is over. 93 percent of market traders do not believe the bank will cut interest rates at this week’s … Read more