Tag Archives: cut

Bank of America announces huge shift in Fed rate cut forecast  TheStreetView Full Coverage on Google News Source link

Key Takeaways The Federal Reserve is now nearly certain to cut its benchmark interest rate in September by at least 25 basis points and possibly 50. A report on the jobs market released Friday showed hiring is slower than expected, giving the Fed reason to boost the job market with lower interest rates. Fed officials have been torn between keeping …

At first glance, “The Cut” seems to be a standard-issue boxing film about a out-of-nowhere contender being given an unexpected shot at a big match—the kind of basic underdog sports drama that never seems to go out of style. However, anyone in the mood for such a thing who decides to go and see it may be more than a …

Bond yields tumble as weak jobs report raises chances of a half-point Fed rate cut  MarketWatch Fed Rate-Cut Expectations Climb Following Weak Job Market Report  Bloomberg.com 10-year Treasury yield slides to lowest level since April after weaker-than-expected jobs report  CNBC Global bonds rally after poor US economic data  Financial Times Bonds Positioning For Weaker Jobs Report?  Mortgage News Daily Source link

Following August’s nonfarm payrolls data, the odds of a 50 bps rate cut during the September 16-17 Federal Open Market Committee (FOMC) meeting are now at 14.3% compared to 0% a day ago, a week ago, and a month ago, according to CME’s FedWatch tool. In addition, the odds of a 25 bps rate cut are now at 85.7% compared …

A sign for the Public Broadcasting Service is seen on its building headquarters on Feb. 18, 2025 in Arlington, Va. Kayla Bartkowski/Getty Images hide caption toggle caption Kayla Bartkowski/Getty Images PBS’s chief executive told public television officials Thursday that it was cutting about 15% of its jobs due to the move by Republicans in Congress to eliminate all federal funding …

Lululemon Stock Tanks on Yet Another Guidance Cut. ‘It’s Going to Get Worse,’ Says Analyst.  Barron’s Lululemon shares plunge as earnings guidance falls well short of estimates  CNBC Lululemon says U.S. tariffs taking a bite, but also some of its athleisure wear became ‘too predictable’  CBC How Lululemon fell out of fashion  economist.com Lululemon slides as weak US demand, tariff costs cloud holiday outlook  Reuters …

US President Donald Trump signed an executive order on Thursday that cuts tariffs on Japanese car imports from 27.5% to 15%, easing uncertainty for motor industry giants like Toyota, Honda and Nissan. It formalises an agreement, which was announced in July, to apply a 15% levy to almost all Japanese exports to the US – including vehicles and pharmaceuticals. Tokyo …

PBS to Cut 15% of Its Staff  The New York Times PBS cuts 15% of jobs in wake of federal funding cut  NPR PBS says it has cut about 100 positions because of loss of federal funding  NBC News KBIA and KOPN raise thousands of dollars to cover funding cuts  Columbia Missourian PBS Undergoes Round Of Job Cuts Following Loss Of Federal Funding  Deadline Source …

It will take a doozy of a jobs report to derail investor expectations for a September rate cut  MarketWatch August jobs report to show further ‘softness growing’ in the US labor market as Fed rate cuts near  Yahoo Finance Friday’s jobs report could confirm a slowing labor market. But will stocks care?  CNBC Treasury Traders Await Payrolls Report That Could Sway Fed Bets  Bloomberg.com …