Fed Hikes 25 Basis Points, Projects Another Hike in 2026: Do Prediction Markets Agree?
The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.
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JPMorgan CEO Jamie Dimon warns the US dollar could lose its reserve status in 25 years if American power slips, fragmenting global economy.
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The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.
PNC Financial Services Group is experiencing strong momentum in its fee businesses, particularly capital markets, which saw revenues jump 65.9% year-over-year in H1 2026. Driven by robust M&A activity and advisory demand, PNC raised its 2026 non-interest income growth outlook to approximately 9% from 6%. The company's Harris Williams investment-banking unit is on track for a record year, supported by strategic acquisitions that expanded its capabilities.
Bitcoin could rally above $82,000 if the Fed surprises markets with a rate hold, as traders expect a 25-basis-point hike.
JPMorgan CIB head Doug Petno projects strong Q3 IB fee growth and sees few systemic red flags in the U.S. economy.
Global bond yields surge as U.S., U.K., and Japan reach multi-year highs. Robin Brooks breaks down the structural sell-off.
Former Fed economist Marvin Barth debunks debt panic, blaming primary deficits—not nominal debt or bond yields—for U.S. budget risks.