Interest Rates

Norway's Central Bank Holds Firm on Interest Rates While Europe Eases

While central banks across Europe are beginning to ease their aggressive monetary policies to combat inflation, Norway's central bank, Norges Bank, has opted to keep rates high, according to a note published by Morningstar yesterday. High Inflation and Strong Economy Prevent Cuts Norges Bank is expected to maintain

Initial Jobless Claims and ISM Services PMI Signal Cooling Labor Market, Boosting Fed’s Rate Cut Confidence

New initial jobless claims and ISM Services PMI data released Thursday offer investors fresh insights into the economy, as reported by Yahoo Finance. This week’s flurry of economic indicators, leading up to Friday’s jobs report, has sparked questions about the Federal Reserve’s monetary policy direction. PGIM Fixed

Equities Finish Lower as Jobs Report Looms, Middle East Tensions Simmer

U.S. stocks ended Thursday's trading session in the red, with the Dow Jones Industrial Average falling 0.44%, the S&P 500 dipping 0.17% and the Nasdaq Composite edging down 0.04%. The cautious sentiment ahead of Friday's highly anticipated monthly U.S.

Markets Teeter on Edge as Middle East Tensions Surge, Jobs Data Looms

The markets are on edge as the escalating conflict in the Middle East casts a shadow over upcoming US economic data releases. While Wednesday saw a modest rebound in US equities following Tuesday's sell-off, heightened geopolitical uncertainty continues to fuel market volatility. Equities: A Cautious Recovery The S&

Interest Rate Cuts and Macroeconomic Concerns: A Tightrope Walk for the Market

The Federal Reserve's recent rate cut has sparked a debate about the future direction of interest rates and their impact on the broader economy. While the Fed signals confidence in a decline in inflation, some market participants remain concerned about the potential for inflation to resurface, particularly with

Delayed Fed Rate Cuts Raise Credit Risks and Spillover Concerns, S&P Global Warns

S&P Global has pushed back its forecast for the first Federal Reserve rate cut to December 2024, citing persistent inflation and unexpectedly strong economic data. This delay in easing monetary policy raises concerns about elevated credit risks in the US and potential spillover effects on other economies, particularly
Delayed Fed Rate Cuts Raise Credit Risks and Spillover Concerns, S&P Global Warns

US Consumer Borrowing Growth Slows Amidst High Interest Rates

The pace of consumer borrowing in the United States has slowed dramatically after a period of rapid growth in the wake of the pandemic, according to a report by Moody's Analytics published last week. Several factors are contributing to this trend, including high interest rates, tightening lending standards,
US Consumer Borrowing Growth Slows Amidst High Interest Rates

Jobs Report Fuels Market Optimism: UBS

The weaker-than-expected April jobs report has sparked optimism for a soft landing in the US economy, prompting UBS to reiterate its positive outlook for quality bonds and quality stocks. Friday's report showed a smaller-than-anticipated increase in employment growth, alongside moderating wage growth and a slight uptick in the

Fitch Warns of Elevated Credit Risks as "No-Landing" Scenario Gains Traction

Fitch Ratings has issued a warning about increased credit risks in the US market as the likelihood of a "no-landing" scenario, where economic growth and interest rates remain largely unchanged, gains traction. This shift in expectations is driven by persistent inflation, which has cast doubt on the timing

S&P Global Pushes Back Fed Rate Cut Expectations

S&P Global has revised its forecast for the Federal Reserve's interest rate path, delaying the anticipated timing of the first rate cut to December 2024. This shift in expectations, driven by persistent inflation exceeding the Fed's target, could have significant spillover effects on global
S&P Global Pushes Back Fed Rate Cut Expectations