This Year’s Interest Rate Hikes Won’t Stifle M&A
A number of other coinciding economic factors likely ensure that 2017 will be another strong year for dealmaking.
U.S. Hiring Posts Biggest Gain Since September
The unemployment rate rose to 4.8% in January and wages increased by only 0.1%, dampening hopes for a March interest rate hike.
Goldman Sachs to Pay $120 Million in Rate-Manipulation Case
The CFTC orders the investment bank to pay up in response to charges that traders deliberately influenced a U.S. global dollar benchmark.
Fed Raises Benchmark Interest Rate by 0.25%
Fed Chair Janet Yellen calls the first rate increase in a year “a vote of confidence in the economy.”
Yellen Suggests No Rate Hike in ‘Coming Months’
The Fed chair says signs of a weakening jobs growth are "concerning" but she is still optimistic about the labor market and inflation.
Citibank Fined $425M in Rate-Rigging Cases
U.S. regulators allege Citi manipulated key swaps and interest rate benchmark to benefits its own trading positions.
Labor Cost Benchmark Rises Only 0.6% in Q1
“We continue to be on track for very slow progress,” an economist says of the small increase in wages despite a strengthening labor market.
Junk Bond Defaults Seen Rising Again in 2016
The credit ratings agency forecast that the junk default rate will be 4% this year, up from 3.5% in 2015.
IMF Urges Caution on U.S. Interest Rate Hike
Spare economic capacity and very low inflation justify keeping monetary policy loose in most major advanced economies, IMF staff said.
Corporate Bond Market Booming
The flurry of deals came after issuance virtually halted for nearly two weeks.
Jobs Report Leaves Interest-Rate Picture Murky
A modest gain in jobs last month, along with a further decline in unemployment, sends mixed signals to the Fed ahead of its September meeting.