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25.08.25 - 14:48
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Fed Cut Won′t Drop Long-Term Interest Rates: PGIM′s Tipp (Bloomberg)
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“I don't think the yield curve's gonna get away from us,” says Robert Tipp, head of global bonds and chief investment strategist at PGIM Fixed Income as he discusses the potential for an interest rate cut from the Federal Reserve in September. (Source: Bloomberg)...
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25.08.25 - 13:54
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Rally Stalls as Rate-Cut Optimism Fades | The Pulse (Bloomberg)
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US equity futures and European stocks retreated as some of the euphoria around expectations of Federal Reserve interest rate cuts eased, with concerns about tariffs and their impact on inflation and corporate profits back in focus. In China, the financial hub of Shanghai eased home-buying rules in the latest attempt by authorities to contain the nation's prolonged property crisis. Eligible residents, including those from outside Shanghai, can now buy an unlimited number of homes in the outer suburbs, according to a statement Monday. Non-residents who have paid pensions for three years can now purchase new homes in urban areas, instead of only being allowed to buy existing residences there. In corporate news, shares in Orsted fell to the lowest on record after President Donald Trump's administration ordered construction to halt on an almost-finished offshore wind farm. (Source: Bloomberg)...
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