Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut

Key Points

Keeping with statements from other policymakers, Waller’s sentiments point to an unlikelihood of a rate cut when the Federal Open Market Committee meets later this month, but a stronger likelihood of a move in September.
Central bankers have become more optimistic by data in recent months that has shown inflation easing after a surprisingly higher move for the first three months in 2024.

Source

Finance

China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks

June 11, 2025

Key Points The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript. The negotiators will now seek approval on the framework from the U.S. and Chinese presidents, before implementing it. The talks follow a breakthrough trade agreement reached in mid-May that […]

Finance

DoubleLine’s Gundlach says to buy international stocks on the dollar’s ‘secular decline’

June 10, 2025

Jeffrey Gundlach speaking at the 2019 Sohn Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Tuesday that international stocks will continue to outshine U.S. equities on the back of what he believes to be the dollar’s secular downtrend. “I think the trade is to not own U.S. […]

Finance

Why BlackRock’s smallest deal of 2024 may end up being its most consequential

June 10, 2025

BlackRock CEO Larry Fink has sent a clear message to investors: The world’s largest asset manager’s smallest acquisition last year could end up its most consequential. During an industry conference in March, the long-time executive said BlackRock’s $3.2 billion purchase of alternatives asset data provider Preqin — its smallest of the four deals announced in […]