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‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election

Federal Budget (US) Federal Reserve System Government Bonds Harris, Kamala D Interest Rates Presidential Election of 2024 Stocks and Bonds Trump, Donald J United States Economy

‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election

As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.

By Talmon Joseph Smith and Joe Rennison

Fed Officials Debated Whether a Big Rate Cut Was Smart in September

Federal Reserve System Government Bonds Inflation (Economics) Interest Rates United States Economy

Fed Officials Debated Whether a Big Rate Cut Was Smart in September

Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.

By Jeanna Smialek

Stocks Tumble in Japan After Party’s Election of New Prime Minister

Bank of Japan Economic Conditions and Trends Government Bonds Inflation (Economics) Interest Rates Ishiba, Shigeru Japan Liberal Democratic Party (Japan) Politics and Government Stocks and Bonds

Stocks Tumble in Japan After Party’s Election of New Prime Minister

Stocks dropped after Japan’s governing party chose Shigeru Ishiba, a critic of the country’s longstanding ultralow interest rates, as its leader.

By River Akira Davis

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

Credit and Debt Government Bonds Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.

By Danielle Kaye