Gennadiy Goldberg, TD Securities head of US rates strategy, says he expects President-elect Donald Trump’s tariffs to add about a percentage point to inflation in 2025, which will cause the Federal Reserve to hold rates where they are in the first half. Speaking on “Bloomberg The Close,” Goldberg also says he expects the 10-year Treasury to end the year lower. (Source: Bloomberg)
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Talks between a group of left-wing parties and the French government on the budget are advancing, according to Socialist head Olivier Faure, providing a potential [more…]
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