(Bloomberg) — US equities extended the week’s rally after a key measure of US inflation cooled last month by more than expected, suggesting the Federal Reserve may be close to ending its rate-hiking campaign. The dollar pared an advance. Most Read from Bloomberg Excluding food and …
(Bloomberg) — Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion firehose of Japanese cash on the investment world. Now Kazuo Ueda is likely to dismantle his legacy, setting the stage for a flow reversal that risks …
(Bloomberg) — The Federal Reserve will keep raising interest rates despite traders betting otherwise as fears of a banking crisis convulse markets, according to BlackRock Inc. Most Read from Bloomberg The world’s biggest money manager favors inflation-linked bonds — securities that offer protection from rising prices …
(Bloomberg) — European stocks fell as investors awaited key rates decisions in the region. US equity futures climbed, signaling a recovery following a tumultuous day of losses on Wall Street Wednesday. Most Read from Bloomberg The Stoxx Europe 600 Index slid 0.5% before a policy announcement …
(Bloomberg) — A frenetic weekend in finance was met with comparatively small but mostly positive moves in markets Monday, with U.S. equity futures rising and a dollar gauge weakening slightly. Most Read from Bloomberg Early readings on UBS Group AG’s agreement to buy Credit Suisse Group …
(Bloomberg) — Federal Reserve officials face their biggest challenge in months as they weigh whether to keep raising interest rates this week to cool inflation, or take a pause amid the market turmoil fueled by recent bank failures. Most Read from Bloomberg Before the collapse of …
(Bloomberg) — US equity-index futures posted modest gains at the end of a tumultuous week for global markets, with concern lingering that the financial turmoil which has roiled bonds and stocks is not yet over. Most Read from Bloomberg Contracts on the S&P 500 fluctuated after …
(Bloomberg) — Four major events over the next 13 trading sessions will be the key catalysts in determining whether this year’s stock-market revival gets derailed or starts rolling again after a February slump. Most Read from Bloomberg It all begins Tuesday, when Federal Reserve Chair Jerome …
The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily. Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury. …