(Bloomberg) -- US government bonds rallied Friday, adding to their monthly gain, after benign inflation data kept alive predictions that the Federal Reserve will cut interest rates at least once this year.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Here Are the Latest Verified Results From South Africa’s ElectionDonald Trump Becomes First Former US President Guilty of CrimesFed’s Favored I
(Bloomberg) -- The US dollar is headed for its first monthly loss since December as easing inflation pressures strengthen expectations that the Federal Reserve will start dialing back interest rates before the year ends.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Here Are the Latest Verified Results From South Africa’s ElectionDonald Trump Becomes First Former US President Guilty of Crimes
(Bloomberg) -- Oil futures dropped alongside equity markets as traders look ahead to Sunday’s OPEC+ meeting.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Here Are the Latest Verified Results From South Africa’s ElectionDonald Trump Becomes First Former US President Guilty of CrimesFed’s Favored Inflation Gauge Cools, Spending Unexpectedly DropsFollowing the US holiday on Monday, oil spent th