Economy

After Powell’s comments, BMO U.S. rates strategist Jon Hill said, the futures market went from pricing in 1.6 hikes next year, to just above one full rate hike and a 25 percent probability of a […]

Nearly as fast as stocks surged and bond yields dipped, there were statements that Powell had blinked. Some even implied that he caved to the president to save his job. To both statements, I say […]

The number of Americans filing applications for jobless benefits increased to a six-month high last week, which could raise concerns that the labor market could be slowing. Initial claims for state unemployment benefits rose 10,000 […]