The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments posted on the firm's website on Wednesday.
Treasury yield is hovering just above a six-week low around 4.50% as investors continue to digest Wednesday’s monetary policy update from the Federal Reserve. The U.S. central bank left interest rates unchanged at a range of 4.
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.”
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Global markets are concentrated in three major ways: U.S. stocks have come to dominate global equity indices, technology as a sector is dominating benchmarks, and there is also a portfolio trend towards large positions in a few single stocks. All this makes the rally more fragile.
Goldman Sachs CEO David Solomon cautioned Tuesday that mounting U.S. government debt requires immediate attention, pointing to a recent surge in Treasury yields as a signal of market concerns over federal borrowing.
Brooke Roach, analyst at Goldman Sachs joined CNBC for an interview to discuss the firm’s outlook on consumer cyclicals for 2025.
Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
-- The yield on the 30-year Treasury BX:TMUBMUSD30Y dipped 2.2 basis points to 4.757%. The benchmark 10-year Treasury yield is hovering just above a six-week low around 4.50% as investors continue to digest Wednesday's monetary policy update from the Federal Reserve.