Ahead of Fed meeting, Trump says US should have world's lowest interest rate
No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy »
Oil prices jump more than US$3 after new strikes on Saudi, Strait of Hormuz
Oil prices rose more than US$3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the »
Derivatives In The Financial Hall of Mirrors
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
Americans face a renewed squeeze on their paychecks as inflation once again rises faster than wage growth, putting further pressure on consumer wallets. “A substantial number »
Long-Term Treasury Yields Spike, 1- to 7-Year Yields Explode, Mortgage Rates Hit 7.12%, Bond Market Gets Spooked
It was a brutal four-day week in the bond market and mortgage market, with yields surging across the board to price in more rate hikes, »