Wall Street’s Bond ‘Vigilantes’ Are Back The financial world has been debating if market appetite for U.S. debt is near a limit. Not everyone agrees this is something to panic about, but the ramifications for funding government priorities are immense.
Powell, Fed’s Chair, Unleashes the Bulls The Federal Reserve’s surprise projection that it may cut interest rate three times next year has triggered a global rally in stocks and bonds.
S&P 500 Hits 2023 Record, Reversing Summer Losses The S&P 500 has risen over 10 percent from its October low, with November its best month of the year.
Jerome Powell Says It’s Too Soon to Guess When Rates Will Drop The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and that it’s too soon to guess when they will ease.
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.