Tag: #DataScience

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Fed Holds First Meeting With Trump in Office, Bond Market Hopes for Relief

The bond market had a relatively stable first week under President Trump, but traders are watching for any shifts in monetary policy from the Federal Reserve. The Fed is expected to hold interest rates steady after its meeting on Wednesday, but traders will be looking for clues about future rate cuts. The Treasury market has started to recover from a recent selloff, and the 10-year Treasury yield is now down to 4.58%. However, the market is still pricing in the possibility of higher interest rates in the future due to concerns about inflation and Trump's economic policies.

Saudi Arabia Aims to Breed More Chickens and Achieve Poultry Self-Sufficiency

Saudi Arabia aims to become self-sufficient in poultry production, doubling output over the past decade. The country seeks to reduce imports by investing in domestic production and partnerships with global poultry producers.