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Friday, February 1, 2019

World stocks post best January on record, yields fall

Global equity markets mostly rose on Thursday, fueled by upbeat Facebook earnings and the Federal Reserve's pledge to be patient in raising borrowing costs further, while U.S. bond yields fell on indications of weaker-than-expected inflation.


from Reuters: Business News https://reut.rs/2RqWvS5

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf