Interest Rates
Here’s how to position your fixed income portfolio for lower rates, according to strategists
The U.S. Federal Reserve made a big interest rate cut to kick off its first easing cycle in four years. What does this mean for fixed income? Since the Fed started hiking rates four years ago, cash has poured into short-term money markets such as Treasury bills as they offered attractive yields with rising rates. […]
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South Korea’s export growth slows as external demand moderates
South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week. Mongkol Chuewong | Moment | Getty Images South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome […]
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Why the Fed’s rate cut won’t immediately help car buyers or sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — The Federal Reserve’s decision to cut interest rates for the first time in more than four years is expected to eventually boost new vehicle sales, […]
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CNBC Daily Open: Shiny September days for stocks
Traders work on the floor at the New York Stock Exchange. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you […]
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CNBC Daily Open: Stocks are dancing in September
Traders work on the trading floor at the New York Stock Exchange. Andrew Kelly | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What […]
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China’s central bank tells commercial lenders to start cutting rates on existing mortgages
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images The People’s Bank of China on Sunday told commercial banks to start lowering interest rates on all existing housing loans, in a […]
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The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?
Construction work is done around the Federal Reserve building on September 17, 2024 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading considerably lower in the future. The Treasury market, though, hasn’t been paying […]
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Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
Key Points Fed Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week’s half percentage point interest rate cut. The jumbo cut “could be interpreted as a premature declaration of victory on our price-stability mandate,” she said in remarks to a bankers’ group in Kentucky. Source
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Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024. Mandel Ngan | AFP | Getty Images The Federal Reserve’s move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to Goldman Sachs‘ chief financial officer. His comments […]
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Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Key Points Minneapolis Fed President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction. Speaking separately Monday morning, Atlanta Fed President Raphael Bostic indicated he expects the Fed to move aggressively in getting back to a neutral rate. Source
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