If you are trying to figure out whether now is the time to buy bonds, watch the White House more than the Federal Reserve. The benchmark 10-year Treasury yield has been rising toward 5%, Fed interest-rate cuts be damned.
Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company buybacks in at least five years.
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.
"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.
The White House budget office has ordered a freeze on all federal grants and loans, set to take effect at 5 pm on January 28. This suspension of federal assistance is expected to impact a wide range of programmes and services.
Bank of America and JPMorgan are set to lobby the White House and Congress to defend themselves from accusations by President Donald Trump and others that they have shut down accounts of conservative customers on political grounds.
THE US Federal Reserve left its key lending rate unchanged on Wednesday (Jan 29) and adopted a patient “wait and see” approach to Donald Trump’s economic policies, in the first decision since his return to the White House.
U.S. President Trump said that his administration could impose a 25% tariff on Mexican exports. But will he actually act on his threat?
Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company ...
What does President Donald Trump's executive order directing federal agencies to "encourage" private companies to abandon DEI policies mean for businesses?
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And if Trump follows through on his promises to impose widespread tariffs on imports and deport millions of immigrants, economists expect inflation could worsen — making it less likely the Federal Reserve will cut its key interest rate much this year.