Investors Rush To Money Market Funds Before Fed Rate Cut, BofA Says
Investors poured $37 billion into cash-like money market funds (MMFs) Bank of America (BAC) said on Friday, as they braced for rate cuts in September.
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El-Erian Says Market Is Pricing In Too Many Fed Rate Cuts
Traders are overplaying the prospects of an aggressive series of Fed interest-rate cuts before the end of the year, according to Mohamed El-Erian.
Jackson Hole: Policy Pivot Is Here
Fed Chairman Jerome Powell will take the stage at the bank's annual retreat in Jackson Hole Friday with renewed confidence that inflation is receding.
Fed’s Schmid Says He Wants To See More Data Before Rate Cut
Fed Bank of Kansas City President Jeffrey Schmid said he wants to see economic data before supporting any decision to begin reducing interest rates.
Some Of The Most Popular Campaign Ideas Are Also The Dumbest
Both the Democratic and Republican nominees for president have a number of terrible economic policies that would leave American worse off.
Trump’s Suggestion Of 20% Tariffs Elevates Trade Issues Again In The 2024 Campaign
The impact of a 10% to 20% tariff on America's trading partners floated by Donald Trump has raised trade issues anew on the 2024 campaign trail.
Kamala Harris Set To Crackdown On Crypto If Elected
On the regulatory front, Kamala Harris’s selection of advisors suggests that the stringent stance on crypto is likely to persist under her leadership.
