The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
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Tag: CME Group’s FedWatch Tool
Wall St kicks off 2024 on a dull note as yields rise, Apple dips
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
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Wall Street ends mixed after job openings hint at cooling economy
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest rates as soon as March.
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US weekly jobless claims fall; business spending on equipment softening
Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.
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