Wall Street’s risk machine didn’t break this week; Friday’s rebound spared him. But it shrunk. And this made it clear how vulnerable the current market cycle has become. The shift was subtle and then sudden. For weeks, the riskiest trades in the financial world — crypto, AI stocks, meme names, high-octane momentum bets — had […]
The US Federal Reserve can still cut interest rates “in the near term” without jeopardizing its inflation target, New York Fed President John Williams said on Friday.Progress on inflation has “temporarily stalled,” Williams acknowledged in comments prepared for a meeting of the Central Bank of Chile, adding that it was “indispensable to restore inflation to […]