In the coming week, the U.S. jobs data will be a focal point for investors, potentially impacting the Federal Reserve’s interest rate strategies. Broadcom’s quarterly results are anticipated right after Nvidia’s stellar performance. The sustained rise in corporate profits is driving a bullish phase in U.S. equities, with optimism fueled by robust activities in the manufacturing and services sectors.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation