A stimulus package from U.S. President-elect Donald Trump will boost growth in the U.S. and beyond, Deustche Bank economists say, with Brexit paring some of the benefits for Europe.
Wednesday's rate hike was widely expected, with rate futures indicating a 90% chance the Federal Reserve's monetary policy committee would act.
Will the rising dollar and 10-Year yield cause the Fed to hike rates at a slower pace in 2017?
How the Federal Reserve will adjust interest rates in 2017 is far from clear, and it depends heavily on the success of President-elect Donald Trump's stimulus package.
Wednesday is when things gets started on this action-packed week.
The Dow rises but pares gains as Wall Street looks to a Fed decision on interest rates later in the week.
The Federal Reserve takes center stage in the coming week with its highly anticipated policy meeting in December set for Tuesday and Wednesday.
Trading revenue at firms from JPMorgan Chase to Bank of America has surged 15% or more since Donald Trump's surprise victory. Client engagement is 'very high,' Citi's CFO said.
President-elect Donald Trump inherits the strongest economy since the financial crisis. Now, he needs to build on that without causing it to overheat, Bank of America economists say.