Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy ...
Dollar slumps to 8-week low vs yen as trade war risk recedes
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as ...
Wall Street swerves lower after Trump announces tariffs and then puts some on hold
Wall Street is swinging between sharp and more modest losses as stock markets worldwide sink on concerns Trump’s tariffs may ignite a punishing trade war.
Asian currencies weaken as Trump tariffs strengthen the greenback — Indian rupee hits record low
Trump imposed a 10% duty on Chinese exports to the U.S, and 25% tariffs on Canada and Mexico, two of its top trading partners ...
BOJ debated weak-yen risk, scope for more rate hikes at Jan meeting, summary shows
Bank of Japan policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks and the damage a weak yen could inflict on the economy, a summary of ...
The Iron Mountain Daily News7d
Fed holds interest rate steady
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Stock market today: Asia shares mostly rise while some regional markets stay closed for holidays
Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time ...
US Tech and Tariff Shocks Spark Scramble for New Market Havens
TwentyFour Asset Management co-head of investment grade Gordon Shannon said the impossibility of predicting Trump's policies ...
Why China Buys U.S. Debt With Treasury Bonds
China and many other countries buy U.S. debt through the purchase of Treasury bonds. Here are the factors behind those purchases.