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Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
The Federal Reserve left benchmark interest rates unchanged Wednesday after cutting it three times in a row last year, a sign ...
BMO Capital raises Metro stock rating, lifts target to Cdn$96
BMO Capital Markets revised its outlook on Metro Inc . (TSX:MRU:CN) (OTC: MTRAF), upgrading the stock from Market Perform to Outperform and increasing the price target from Cdn$92.00 to Cdn$96.00. The ...
Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
BMO poll says 63% express recession concerns, 48% believe economy will weaken
The online poll also found 48 per cent of those surveyed believed the economy will weaken over the next year, while 19 per ...
US core inflation cools down after six months
US consumer prices rose in December by less than forecast after months of faster underlying inflation persuaded the Federal ...
A Record-Sized Government Debt Auction Is Coming
The Treasury Department is preparing a record-size auction for government debt that expires in 10 years. This afternoon $20 billion worth of 10-year Treasury inflation protected securities will be ...
Economists: Phoenix, U.S. economies are solid, but interest rates still plague housing
Inflation and interest rates might not ease much anytime soon, but both the Phoenix and U.S. economies start 2025 in good ...
Morningstar14d
2-year yield plunges by most since September on mild core CPI inflation reading
That being said, ending 2024 on benign inflation footing does bode well for two quarter-point cuts in 2025 - a risk the market is currently underpricing," said BMO Capital Markets strategist Ian ...