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Europe: Shares near two-week highs on Fed rate cut expectations
EUROPEAN shares hit a near two-week high on Wednesday, underpinned by gains in heavyweight healthcare and technology stocks, as…
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Fed
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Trump Even Considered Re-Appointing Janet Yellen as Fed Chair in Jerome Powell's Place, Treasury Secretary Scott Bessent Says
President Trump is keeping a "very open mind" regarding a successor for Federal Reserve Chairman Jerome Powell and has even considered…
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
Business
US Fed chair search expands to include Bowman, Jefferson and Logan
The US Federal Reserve’s two vice-chairs, Michelle Bowman and Philip Jefferson, and Dallas Fed president Lorie Logan are under…
Business
US: Wall Street opens higher as Fed shake-up stokes dovish bets
Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor post…
Business
Trump taps top economic aide for vacant Fed seat
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…
Business
US: Wall Street opens higher on Fed rate cut hopes; earnings in focus
Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and…
Business
Gold extends gains on rate cut hopes, markets eye Fed appointments
Gold prices extended gains for a fifth straight session on Wednesday (Aug 6), helped by prospects of lower US interest rates, while…
Business
Wall Street and Global Markets Rise as Weak Jobs Data Fuels Fed Cut Expectations
Global markets climbed for a second consecutive day on Tuesday, on optimism that the U.S. Federal Reserve could cut rates as early as next…
Business
Asia: Markets track Wall Street rally on Fed rate cut bets
Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite…
Business
Gold rises as Fed rate cut bets pressure dollar, yields
Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields…
Business
Global Stocks Climb as Expectations of Rate Cuts Grow, Trump Tightens the Grip on Fed
Asian stock markets climbed on the opening of the new week with the hope of U.S. interest rate cuts giving investors some relief. MSCI's…
Business
Asia: Most markets down as Fed holds and Trump announces fresh tariffs
Asian markets mostly fell on Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong…
Business
US: Stocks mostly fall as Fed avoids dovish shift
Wall Street stocks finished mostly lower on Wednesday after the Federal Reserve kept interest rates flat and refrained from signaling it…
Business
US: Wall St opens higher as investors digest GDP data; Fed verdict awaited
Wall Street’s main indexes opened higher on Wednesday (Jul 30) as investors assessed better-than-expected GDP data, and awaited the…
Business
US: Stocks retreat ahead of Fed decision, big tech earnings
Wall Street stocks retreated on Tuesday as markets digested major merger announcements and monitored US-China trade talks ahead of big…
Business
US: S&P 500, Nasdaq open at record highs with earnings, Fed meeting in focus
The S&P 500 and Nasdaq opened at fresh record highs on Tuesday (Jul 29), as investors assessed a slew of earnings reports from major US…
Business
Trump ally loses bid to open July 29 US Fed meeting to public
The FOMC meets eight times a year to decide interest rates, releasing statements on its policy decisions immediately following the…
Business
US Fed is set for contentious debate as investors eye fall rate cut
US Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly contentious debate…
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Gold eases after Trump downplays clash with Fed chair Powell
Gold extended a decline on Friday (Jul 25) as the US dollar rose after President Donald Trump downplayed his clash with Federal Reserve…
Business
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…
Business
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep”…