The U.S. 2-year Treasury note continued to climb on Wednesday to the highest level...
US Reportedly to Lift Covid-19 Testing Requirements for Travelers from China
The US Centers for Disease Control and Prevention (CDC) is reportedly poised to end...
Wall Street Plunges Sharply after Powell’s Comment on Longer Fight against Inflation
Wall Street dropped sharply in the morning session on Tuesday after the Fed’s chairman...
US Top Official Calls for Hike in Global Oil Output as Demand Surges
The U.S. State Department official on Monday called for more hike in oil production,...
No More Expectations for Fed’s Rate Cuts in 2023
During last week, the terminal rate for the U.S. Federal Reserve’s policy rates topped...
BofA Expects Fed to Raise Rates to 6% as US Economy Dipping into Recession in 3Q23
The U.S. Federal Reserve may attempt to increase its policy rate above market’s consensus...