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12/02/2026
Federal Reserve's Milan: Federal Reserve staff's models did not take into account the situation of increased productivity.
Latest
5 m ago
The CME Group announced that three new cryptocurrencies, Cardano, Chainlink, and Stellar, have completed their first round of futures trading.
6 m ago
Netflix CEO Gregory K. Peters sold 14719 shares of Netflix common stock on the public market on February 10 at an average selling price of $82.741 per share.
8 m ago
Gallup, the public opinion polling company, will stop tracking the approval ratings of the US President and instead focus on more extensive long-term research. The company stated that this decision is part of a strategic adjustment and has not been influenced by the White House.
9 m ago
Federal Reserve Governor Milan stated that there are still many reasons to support a rate cut despite strong January employment data.
11 m ago
The unexpectedly strong increase in non-farm employment in the United States has shocked traders in the US bond market, causing them to reduce their bets on a rate cut by the Federal Reserve this year. Short-term government bonds were hit the hardest, with two-year bond yields rising by 6 basis points to around 3.51%. The market currently expects the next rate cut by the Fed to happen in July instead of the previously expected June. After a flat close on US stocks, Asian stock index futures showed a mixed trend. Futures indicated that the Japanese stock market would rise on Thursday after the end of a holiday break, while Australian benchmark stock index futures were falling. These fluctuations indicate that the strong US economy is offsetting market desire for lower borrowing costs and supporting risk sentiment. Bret Kenwell of eToro believes that investors should welcome the US employment report, even if it gives the Fed more room to keep rates unchanged. He stated, "If the labor market does indeed show signs of stability, that would be constructive for both the economy and the market."
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