Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the Federal Reserve’s 2022-’23 hiking cycle.
Canada's economy adds 90,900 jobs in December, jobless rate edges down
Canada's economy gained a net 90,900 jobs in December, largely in full-time work, and the jobless rate edged down to 6.7%, Statistics Canada data showed on Friday. Market reaction: [CAD/] Link: COMMENTARY ANDREW KELVIN,
Jobs Report Shuts Door on January Rate Cut
A rate cut from the Federal Reserve was already very unlikely this month, and the December jobs report slammed the door shut on any such prospect. Fed officials began cutting rates last September amid signs of labor market wobbles and much cooler inflation.
Strong jobs report will trigger 'higher for longer' interest rates, economist says
Friday's surprisingly strong jobs report for December will likely keep the Federal Reserve from significant cuts to interest rates from here, according to Torsten Slok, Apollo Global Management's chief economist.
Jobs report will test Fed interest rate cut plans
The job market likely remained firm in December, according to Wall Street forecasts and recent data heading into the employment report due Friday adds headwinds for more Federal Reserve interest-rate cuts in 2025.
Strong economy and Trump policies could increase risk of rising inflation: Apollo Global's Slok
Torsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to talk the possibility of no or limited rate cuts from the Fed and the state of the U.S. economy.
It's been a brutal start to the year for the bond market
The US bond market is off to a tough start in 2025. This has been reflected in spiking yields, which trade inverse to the ...
Rising Treasury Yields Risk Crisis Seen Under Truss, Apollo’s Slok Says
Treasury yields have been rising so fast that there’s a risk of bond market turmoil resembling the upheaval that led to the ...
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
U.S. stocks tumbled on Friday after a blockbuster December jobs report. At first blush, that reaction might seem surprising to some investors. The labor market is expanding at its fastest pace since ...
Spiking US bond yields risk a situation similar to one that ousted former British PM Liz Truss, Apollo chief economist says
US Treasury yield surged six basis points on Tuesday to nearly 4.70%, representing its highest level since April 2024.
Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
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Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
Is Applied Therapeutics (APLT) the Best Penny Stock to Invest In According to Media?
We recently compiled a list of the 12 Best Penny Stocks to Invest in According to the Media. In this article, we are going to ...
Morning Bid: Bonds flashing red, 'term premium' at 10y high
Wall Street futures fell in Asia and Treasury yields held near eight-month highs on Friday as investors counted down to a U.S ...