Author: Mish

The odds the Fed Funds Rate would be 1.75% to 2.00% fell from 54.2% yesterday to 0% today.

According to Fed Chair Jerome Powell, this may not be the beginning of a rate cut cycle.

The Fed cut interest rates by 25 basis points but Esther George and Eric Rosengren dissented.

Here is the final snapshot of the yield curve and spreads ahead of the first interest rate cut since 2008.

The EU would be wise to make a deal with the UK. It will get clobbered in the event of…

Now that Brexit reality has finally set in, the British Pound has been in a free fall.

The Fed will cut tomorrow and likely it will not be enough to satisfy Trump or those looking for shock-and-awe.

Personal income and spending in June rose mostly inline with the Economic consensus.

A former employee of Amazon Web Services was arrested by federal agents in Seattle for hacking Capital One.

Trump is openly campaigning for more than a quarter-point cut but the market has discarded that outcome.