Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cuts
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policy
And more on big tech capex
Issuers pounce on surging investor demand for debt before Donald Trump returns to the White House
Minutes from December meeting show policymakers are concerned about US inflation risks
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figures
What size and shape should they be? Central banks are divided
And a question for readers on manufacturing
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffs
Investors have no clue what the returning President Trump will actually do
Nobody knows nothing
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
The year no longer appears likely to bring leading economies into a steady state
Announcement comes a day after central bank unveiled proposed changes to annual examinations
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatility
The central bank’s highly reactive policy approach of recent years amplifies financial volatility
But Trump’s impact remains major uncertainty for markets, say strategists
Investors piled into fixed income in bet on falling interest rates
Lower than expected inflation figures help S&P 500 claw back some of its losses
Trump’s agenda and domestic uncertainty shroud the rate-cutting cycle
Did comments from the Fed unnerve traders?
Wall Street stocks steady after heaviest sell-off since August
Policymakers say they will only cut rates slowly in 2025 as they struggle with ‘last mile’ of cooling price growth
The Fed chair’s apparent cooling on further interest rate cuts has gone down badly with markets
