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The US just got the latest sign that it could be awhile before the next rate hike

All eyes have been on inflation following the Fed’s policy reversal last month, and the latest data suggests the central bank's approach won't change.

The blowout jobs report seems to ‘make a mockery’ of recession fears, economist says

With eyes on a burgeoning labor market, some are rethinking warnings of an imminent downturn.

The Nasdaq is flirting with bear-market territory for first time since financial crisis

Wall Street extended sharp losses to hit new lows for the year on Thursday as markets continued to digest the Federal Reserve’s decision to raise
OCTOBER 22: U.S. President Donald Trump addresses the crowd during a rally in support of Sen. Ted Cruz (R-TX) on October 22, 2018 at the Toyota Center in Houston, Texas. Cruz, the incumbent, is seeking Senate re-election in a high-profile race against Democratic challenger Beto O'Rourke.

The Well Fargo strategist quoted in Trump’s latest tweet about the Fed initially thought someone was pulling a prank on him

In his latest move apparently taking aim at the Federal Reserve, President Donald Trump turned to a Wells Fargo strategist.
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York

Stocks stumble for a 2nd day as oil sinks to a one-month low

Stocks slipped Thursday as Wall Street fretted over Federal Reserve signals they interpreted as more hawkish than expected, cementing fears about rising rates that had led to a global sell-off last week.

The Fed might be about to change its strategy, and markets aren’t prepared

Markets haven’t priced correctly for a possible change in strategy by the US Federal Reserve, BNP Paribas says. And the bank’s global head of rates strategy argues it’s time to start buying US 10-year bonds.
Mexico's Economy Minister Guajardo, Canada's Foreign Minister Freeland and U.S. Trade Representative Lighthizer arrive for a meeting during the third round of NAFTA talks in Ottawa

Mexico’s central bank holds rates steady after new NAFTA deal

Mexico's central bank is held its benchmark interest rate steady Thursday in a policy announcement as inflation cools and after a breakthrough on NAFTA was reached.
Turkish Prime Minister Tayyip Erdogan (left) and central bank governor Durmus Yilmaz show Turkish banknotes during a news conference in October, 2008.

Turkey could need a bailout that dwarfs the record-setting $50 billion loan that Argentina just got

Turkey may need more than just rate hikes to shore up capital. Specifically, it needs about $75 billion, according to Macquarie strategists Thierry Wizman and Gareth Berry, or about 1.5 times what the International Monetary Fund agreed to loan Argentina in the largest bailout deal in its history.

The Argentine peso is soaring amid an unusual central bank shake-up

The Argintine peso is climbing against the dollar after a switchup in leadership at its central bank, which hasn't been able to prop up the country's flailing currency despite landing the biggest International Monetary Fund bailout in history.
Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo and Federal Reserve Board Governor Jerome Powell discuss financial regulation in Washington

Dollar rallies to 7-month high ahead of the Fed

The US dollar soared to a seven-month high against a basket of currencies on Wednesday ahead of the Federal Reserve's June meeting, where officials are expected to raise key rates.