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.
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.
Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The
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 alarm came from Goldman Sachs, which unveiled that while ... of tariff-driven price increases might also restrain the White House from continuing to raise tariffs,” he added.
U.S. President Trump said that his administration could impose a 25% tariff on Mexican exports. But will he actually act on his threat?
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.
Gold prices firmed on Monday, supported by a weak U.S. dollar, as markets awaited Donald Trump's return to the White House and his inauguration speech later in the day for
U.S. President Donald Trump's return to the White House has been met with both relief and disappointment across world markets as investors try to work out what the next four years will bring. "The approach will be chaotic,
However, Goldman Sachs warned that tariffs could have a larger psychological impact if price increases garner significant media attention, akin to gasoline price spikes. Recent jumps in Michigan inflation expectations and frequent mentions of tariffs in survey responses suggest that such effects are plausible, analysts stated.