Wall Street is banking on too many Federal Reserve rate cuts, Vanguard warns
Asset management giant’s bond chief says ‘massive’ spending on AI will bolster the US economy
Asset management giant’s bond chief says ‘massive’ spending on AI will bolster the US economy

Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way

Market expectations of further easing in December have almost halved as a split among Fed officials appears to widen

Federal Reserve may need to begin asset purchases if short-term rates flare up again

Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis

And the prospects for a Hassett-led Fed

Bank of America survey shows a majority of investors think companies are spending too much on AI infrastructure