Wall Street strategist argues aggressive tariff moves will create a "stagflation elixir" from countries exchanging economic blows.
CPI data from October revived bond traders' hopes that the Fed can keep leaning dovish in its final interest rate decision of the year.
Forecasters' expectations could slow rate cuts.
10-year US government bond yields set to rise amid debt expectation.
Senator believed to be in line to be the top Democrat on the panel.
Payments firm could be valued at $15 billion.
The cooler outlook on prices coupled with greater confidence in the job market gives the central bank some comfort room as it mulls future rate cuts.
The global asset management behemoth is looking to muscle into the traditionally mutual fund-led business with two new proposed strategies.
Wall Street strategists expect record-highs for S&P 500 to spark selling.
Traders fear Trump policies will be inflationary.
