Traders expect the Federal Reserve to hold off on a rate cut at its December policy meeting more likely after the Bureau of Labor said it would not release its October jobs report. There was a wave of selling in the federal funds futures market after the Bureau of Labor confirmed there was not enough data to release the report. Traders scaled back expectations for a 25 basis point rate cut at the December 10 meeting. They now expect the Fed to...
According to Fed meeting notes, "several" officials said a December rate cut was "probably" appropriate, and "many" officials thought a December rate cut might not be appropriate. "Many" officials favored an October rate cut, "some officials" disapproved, and "some" officials who supported an October rate cut could have supported a hold-off.
Trump faces a difficult situation in the US Supreme Court, where he needs five votes to uphold his tariff policy. During the two-and-a-half-hour debate, only one justice seemed to support it, while the others were mostly skeptical or dissenting.
The tariff case is facing the Supreme Court of the United States, and Trump's power is facing an important test! The government shutdown is not over, and the non-farm data will be distorted and delayed? Federal Reserve officials speak intensively, and gold enters a historically strong season... Click to view...
An Indonesian energy ministry official said Indonesia may allow copper miner Amman Mineral to export copper concentrates.
International crude oil rose by more than 5%, Trump plans to expand the target of drug crackdowns to land, Putin said that the US side is more likely to postpone the summit than cancel it, and US officials denied talking to Quantum about investing in the company.
According to CNBC, a US commerce department official said the US government was not in talks with quantum computing companies to buy stakes in these companies on the condition of federal funds. "The department is not currently in talks with quantum computing companies regarding equity," the spokesperson said in a statement. Earlier, the Wall Street Journal quoted people familiar with the matter as saying that the Trump administration was in talks with companies such as IonQ, Rigetti Computing an...
According to the Wall Street Journal, Federal Reserve officials are unable to obtain U.S. economic statistics due to the ongoing government shutdown, and recently the Federal Reserve lost access to separate employment data from third-party providers.
According to people familiar with the matter, Bank of Japan officials believe there is no urgent need to raise the base rate next week, even though the Japanese economy is on track to meet its price target. With the economy and inflation developing largely in line with expectations, officials see the likelihood of achieving their vision continuing to rise gradually, the people said. They said that while they do not rule out another rate hike before the end of the year, so far there are no conclu...
An official in Israeli Prime Minister Benjamin Netanyahu's office said the Gaza cease-fire would come into force after being approved by the government tonight.