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BofA rules out rate cuts before second half of 2027 on sticky inflation
Bank of America Global Research has scrapped its forecast for Federal Reserve rate cuts in 2026, pushing the first reduction to the second half of 2027 as core inflation holds at 3.3 per cent and an Iran-driven energy shock keeps the central bank on the sidelines.
CommoditiesOil pushes higher, gold erases gains after US and Iran trade weekend threats
Oil prices pushed higher and gold surrendered its recent gains after Washington and Tehran traded threats over the weekend, the latest blow to a seven-week-old ceasefire that had briefly raised expectations the Strait of Hormuz would reopen.
CryptoBitcoin slips from $80,000 after Fed report flags inflation, rate-hike risk
Bitcoin retreated from the $80,000 zone after the Federal Reserve's May 8 Financial Stability Report flagged the Iran-driven oil shock and a hotter March PCE print as conditions that could push the FOMC toward rate hikes rather than the cuts crypto desks had positioned for.
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Oil surges 8% to $109 after Trump rejects Iran peace offer
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Strategy CEO Phong Le says bitcoin sales hinge on maths over equity
South Korea crypto accounts top 11.1 million as growth slows to 3%
Estee Lauder Q3 EPS beats 40% as China, fragrance drive margin rebound
Gold pushes toward $4,800 as oil slide and lower yields fuel rally
Lattice Semi Q1 EPS beats by $0.04, revenue up 42%
Bitcoin touches $80,000 as Project Freedom shifts Iran war sentiment
Live Nation Q1 revenue beats; $450m legal charge tips quarter to loss
Trump Media (DJT) Q1 loss widens to $406M as bitcoin and CRO holdings buckle
DOJ charges 30 in global insider trading ring spanning three continents
