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KPMG Chief Economist Diane Swonk says the Federal Reserve is at the the beginning of a rate-hiking cycle and if inflation is still sticky in 2027, more cuts will be needed. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Key PointsDr. Ed Yardeni is concerned about rising bond yields and geopolitical tensions.
The CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just three.
Shares of Micron trade at a stubbornly low valuation but a TD Cowen analyst thinks that could change.
The dollar strengthened as Federal Reserve policymakers indicated another interest-rate increase for later this year after they raised on Wednesday in a widely anticipated move.
Fed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.75% to 4% The US Federal Reserve voted to raise interest rates on Wednesday for the first time…
The Federal Reserve on Wednesday rolled out its decision on interest rates as the U.S. central bank tries to tame persistent inflation.
