Market bets on deep Fed rate cuts are ‘crazy,’ says BlackRock’s Larry Fink
BlackRock Inc. CEO Larry Fink says rates traders are making “crazy” bets on deep Fed rate cuts despite signs of a strong ...
BlackRock’s Larry Fink sounds off on investors expecting huge Fed rate cuts
BlackRock CEO Larry Fink said on Tuesday investors are wrong if they think the Fed will make massive interest rate cuts later this year because the billionaire money man believes the US economy will ...
Dollar Stays Higher After Powell Signals Gradual Easing
The dollar continued to rise after Powell indicated that further interest-rate cuts would be gradual, remarks MUFG said place even more focus on Friday’s nonfarm payrolls report.
Stocks Pull Down Sharply as Powell Dashes Hopes of a Larger Rate Cut
The three key indexes –S&P 500, Dow, Nasdaq –didn’t like what Federal Reserve Chair Jerome Powell had to say during the Q&A portion of his appearance on Monday. The Dow Jones Industrial Average fell ...
Dollar gains as Powell pushes back on jumbo rate-cut bets
The dollar rose broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more supersized ...