Category: Money
World Money and Markets in the news
Fed’s Powell Says Inflation Is Moving Closer to Our Goal
The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected cuts…
Fed Decision Primer | Bloomberg Surveillance | December 18, 2024
Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney December 18, 2024 Featuring: • Alicia Levine, Head of Investment Strategy…
Fed Cuts Interest Rates by 25 Basis Points
The Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 4.25%-4.5%. This was the…
Elon Musk Says US Funding Bill Is a ‘Crime’
Elon Musk publicly criticizes the temporary government funding deal, calling it a "crime" and saying lawmakers who support it should…
Bankers Dust Off Dealmaking Wish Lists Under Trump 2.0
Bloomberg’s Michelle Davis says the prospect of looser antitrust regulation under a second Donald Trump administration is sparking optimism among…
Bloomberg Open Interest 12/18/2024
Get a jump start on the US trading day with "Bloomberg Open Interest". Matt Miller, Katie Greifeld and Sonali Basak…
Brazil Traders ‘Sell First, Ask Later’, Honda & Nissan Explore Merger | The Opening Trade 12/17
Brazil’s financial markets are in crisis as investors lose faith in the government’s ability to contain a deepening fiscal crisis….
Brazil Market Crisis: Investors Lose Faith In President Lula
Investors are losing faith in the Brazilian government’s ability to contain a deepening fiscal crisis. Traders are piling into hedges…
Israel Sees Breakthrough in Gaza Truce Talks | Horizons Middle East & Africa 12/18/2024
Israeli officials say a ceasefire in Gaza is a more realistic prospect now. Also on the show: Honda and Nissan…
UK Economy: Inflation Hits Eight-Month High
UK inflation rose to an eight-month high in November, drifting further above the Bank of England’s 2% target. The consumer…