12/11/2024 – Morning Note

Key News Overnight: Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House.Read more

Key News Overnight: U.S. bank CEOs expressed confidence in the dealmaking outlook and the health of U.S. consumers at an industry conference in New York on Wednesday. Bank of America’s buildup of advisory work onRead more

Key News Overnight: Wall Street’s three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited anxiously for U.S. inflation data due this week. In this issue: FirstRead more

Key News Overnight: Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact on inflation and the broad economy would depend on the details, Minneapolis Federal Reserve PresidentRead more

Key News Overnight: U.S. mortgage rates increased to a four-month high this week and could rise further amid fears that President-elect Donald Trump’s proposed economic policies could stoke inflation. In this issue: Capricorn Metals (CMM)Read more