Following cooler-than-expected producer price data Tuesday morning, the market's 50/50 odds between a quarter-point Federal Reserve interest rate cut in September and a half-point cut tilted further ...

Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention focused on policymakers’ new ...

Exports grew just 2.3% year-on-year in the first two months of 2025 to USD 539.9bn. Though well below market forecasts for a 5.9% YoY increase, it was a bit stronger than our more cautious forecasts.