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Fedspeak, China stocks rally, Boeing strike: 3 Things

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Jerome Powell,Federal Reserve,Lone Dissenting Vote

Stock futures (ES=F, NQ=F, YM=F) are rising this morning as they look to extend their rate-cut rally. Investors will hear from Federal Reserve officials this...

) are rising this morning as they look to extend their rate-cut rally. Investors will hear from Federal Reserve officials this week about the path ahead for US monetary policy. Fed Governor Michelle Bowman, who cast the lone dissenting vote at the Fed's September meeting, is slated to speak today, while Fed Chair Jerome Powell is scheduled to speak on Thursday.

China Stock Market seeing its biggest rally in more than four years after the country's central bank released new stimulus measures and those measures, including a cutting interest rates and also mortgage down payments.The plan is an effort to boost the country's weak economy, and Boeing workers are rejecting what the company called a best and offer.That's up from 25% in the company's initial offer.

Life and health insurers paid a record $128 billion in benefits in 2023, helping Canadians live healthier, more affordable lives

 

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