Wall Street analysts react to latest inflation data
Investing.com — The latest U.S. Consumer Price Index (CPI) report has sparked a range of reactions from Wall Street analysts, with key implications for Federal Reserve policy and market expectations. ING maintained its forecast of three rate cuts in 2025 but adjusted
Canadian home sales fall in December; up 10% in fourth quarter
By Fergal Smith TORONTO (Reuters) – Canadian home sales took a breather in December but were still 10% higher in the fourth quarter compared to the third quarter as the Bank of Canada cut borrowing costs, data from the Canadian Real
Morgan Stanley says USD/IDR stability remains uncertain after a surprise rate cut
Investing.com — In an unexpected move, Bank Indonesia (BI) has trimmed its policy rate by 25bps, a strategy aimed at bolstering domestic growth. Prior to this, BI had underscored its concentration on stability and the absolute level of the Indonesian
Trump’s new SEC leadership poised to kick start crypto overhaul, sources say
By Hannah Lang and Chris Prentice WASHINGTON (Reuters) – Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes power, said
US imposing new export controls on biotech equipment over China concerns
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science. Washington has raised concerns that China