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Citadel’s Griffin says cooling inflation could lead to Fed rate cuts this summer

Citadel’s Griffin says cooling inflation could lead to Fed rate cuts this summer

© Reuters. Ken Griffin, Founder and Chief Executive Officer of Citadel, looks on during the Global Financial Leaders’ Investment Summit, in Hong Kong, China November 7, 2023. REUTERS/Tyrone Siu/File Photo (Reuters) – Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire…

‘No obstacle’ to Argentina mega reform bill in Congress, government says

‘No obstacle’ to Argentina mega reform bill in Congress, government says

© Reuters. FILE PHOTO: Argentina’s President Javier Milei speaks, during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 17, 2024. REUTERS/Denis Balibouse By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government said on Tuesday that it was confident its sprawling economic reform bill, known as the “omnibus bill”, would gain…

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

© Reuters. Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo   DXY -0.07% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:  …