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Bank of Japan holds rates at 0.25%, yen weakens
The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
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Why the stock market was so disappointed by the Fed Wednesday
Investors were more concerned with what the Fed projected in its forecast for 2025 than they were heartened by the December cut.
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Trump joins Elon Musk in opposing House GOP’s government funding bill
President-elect Donald Trump came out against a government funding bill backed by Republican House Speaker Mike Johnson.
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Expectations on Fed cuts were the lethal blow to markets
Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current circumstances.
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