JPMorgan is buying UK robo-advisor Nutmeg to boost overseas retail banking expansion
Sign for J.P. Morgan on 7th March 2020 in London, United Kingdom. JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York. Mike Kemp | Getty Images LONDON — JPMorgan Chase...
The Fed moves up its timeline for rate hikes as inflation rises
The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates. However, the central bank gave no indication as to when it will begin...
U.S. stock futures dip slightly after Fed forecasts rate hikes in 2023
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures dipped slightly in overnight trading after the Federal Reserve raised inflation expectations and forecast rate hikes as early as 2023. Futures on the Dow Jones Industrial...
The Federal Reserve now forecasts at least two rate hikes by the end of 2023
The Federal Reserve now sees at least two interest rate hikes in 2023, according to the central bank’s so-called dot plot of projections. Wednesday’s forecast showed 13 members of the Federal Open Market Committee believe the Fed will increase rates...
The markets are on edge before the Federal Reserve’s policy update in the face of surging inflation
The Federal Reserve is not expected to take any policy actions after its two-day meeting this week, but it is likely to signal that it is thinking about them. Stock futures were flat on Wednesday morning as investors awaited the...
Vaccines will be the ‘most important’ economic policy this year, IMF chief says
LONDON — Vaccine policy will top all other economic polices this year as the world tries to recover from the coronavirus crisis, International Monetary Fund chief Kristalina Georgieva said Wednesday at CNBC’s Global Evolve Summit. “Vaccine policy this year, probably...
Mortgage refinances rebound as rates drop temporarily to lowest level in a month
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency...
Former Barclays CEO’s fintech venture raises $187 million with backing from BlackRock and JPMorgan
Antony Jenkins, founder of 10x Future Technologies and former CEO of Barclays. Chris Ratcliffe | Bloomberg | Getty Images LONDON — The financial technology venture of former Barclays CEO Antony Jenkins has raised £132.5 million ($186.6 million) from investors in...
Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record
Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday. The 6.6% surge was the biggest 12-month rise in the final demand...
Homebuilder sentiment drops to 10-month low, as construction costs drive prices higher
Builder sentiment in June fell to its lowest level since August, as construction costs pushed new home prices higher, sidelining buyers and making it harder for some builders to get loans. The National Association of Home Builders/Wells Fargo Housing Market...
Signal2forex.com - Best Forex robots and signals




