Fed rate HIKE or HOLD? Raymond James' Matt Orton sees opportunity in short-term US bonds as monetary tightening bets rise | EXCLUSIVE - Markets

Fed rate HIKE or HOLD? Raymond James’ Matt Orton sees opportunity in short-term US bonds as monetary tightening bets rise | EXCLUSIVE – Markets

Matt Orton of Raymond James said resilient growth and inflation may keep the Fed on hold, making short-term bonds attractive. (Image: ET Now) The US bond market may be presenting opportunities at the shorter end of the yield curve as investors overestimate the likelihood of further Federal Reserve tightening, according to Matt Orton, Chief Market…

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US Core inflation steady at 3% in February

US Core inflation steady at 3% in February

US inflation, as measured by the Federal Reserve’s preferred gauge, remained firm in February, with core prices meeting expectations and reinforcing concerns around sticky price pressures. Data released by the Commerce Department showed that the core Personal Consumption Expenditures (PCE) price index rose 3% year-on-year in February, in line with expectations. The headline PCE inflation…

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World War II American soldiers buried in Belgium and the Netherlands have families there who still care for them | World News

World War II American soldiers buried in Belgium and the Netherlands have families there who still care for them | World News

Decades after the end of the Second World War, a quiet and deeply moving tradition continues across parts of Europe. In Belgium and the Netherlands, local families have taken it upon themselves to care for the graves of American soldiers who died during the liberation of their countries. These are not relatives by blood, but…

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