-- Bond traders loaded back up on interest-rate-cut bets — and even the pushback coming out of the Federal Reserve did little to shake their conviction.EU to Slap Tariffs of Up to 48% on EV Imports From China
“Powell clearly wants to retain optionality,” said Michael de Pass, global head of rates trading at Citadel Securities. “Powell wanted to come across more even handed and make sure he didn’t fan the flames following the softer-than -expected inflation print.”The markets, of course, have jumped the gun repeatedly in recent years, anticipating that a Fed pivot was imminent only to be whipsawed by another painful reset when the central bank held its course.
The gains largely held after officials’ median estimates showed they expect just one cut this year, though that was partially offset by the addition of one more move to the 2025 outlook. This dividend stock has a strong history of dividend payments and growth, but offers even more for long-term investors. The post This 8.1% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.
Trump has not complied with a British High Court order to pay legal fees after his case against ex-MI6 agent Christopher Steele was dismissed.
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