Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which has to deal with volatile policies.
The 2-year U.S. Treasury yield was higher as investors assessed consumers' elevated inflation expectations and a pickup in January wage growth.
The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
Apple has been ordered by the U.K. to provide officials access to users' encrypted accounts, the Washington Post reported Friday.
Nonfarm payrolls were projected to increase by 169,000 in January, according to the Dow Jones consensus forecast.
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since November 2023.
The Baltic states of Lithuania, Latvia and Estonia are bracing themselves for possible retaliation as they decouple from Russia's power grid this weekend.
Investors searching for "quality alpha" in Asia should look to India and Japan given the uncertainty in China, according to PAG's Lincoln Pan.
Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.
European stocks traded lower on Friday after hitting record highs in the previous session.