Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.
Stocks making the biggest moves premarket: Microsoft, Intel, Shopify and more
These are the stocks posting the largest moves in premarket trading.
China’s ultra-rich population sees ‘dramatic’ growth in last 10 years, outpacing the U.S., report shows
The world’s super rich club saw a significant expansion over the past 10 years, with China leading the charge, a report by Henley & Partners showed.
This is the ‘billion-dollar blind spot’ of 401(k)-to-IRA rollovers, Vanguard finds
Many investors are unaware their rollover from a workplace retirement plan to an individual retirement account sits in cash as a default.
Stocks making the biggest moves midday: Nuvalent, Alcoa, Sprouts Farmers Market, Apple and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves before the bell: Apple, Intel, Alcoa, Micron Technology and more
These are the stocks posting the largest moves in premarket trading.
China’s local government debt problems are a hidden drag on economic growth
China’s persistent consumption slowdown traces back to the country’s real estate slump, and its deep ties to local government finances — and debt.
A Fed rate cut may lend a helping hand to Chinese stocks. Or not.
The U.S. Federal Reserve is widely expected to start easing back on borrowing policy this week, giving China’s central bank its own room to act.
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
A week’s worth of inflation data showed that price pressures have eased substantially.
China’s retail sales and industrial data miss expectations in August
Growth in the world’s second-largest economy has slowed after a disappointing recovery from Covid-19.