Business
Big US banks lower prime lending rates after Fed rate cut
MAJOR US lenders lowered a key interest rate on Wednesday, providing US consumers a reprieve on borrowing costs, after the Federal Reserve…
Tag
Fed
Business
Europe: Shares close flat ahead of Fed decision, Puma jumps
EUROPEAN shares ended flat on Wednesday as investors avoided making big bets ahead of the Federal Reserve’s monetary policy decision,…
Business
US: Stocks end mixed as Fed rate cut sparks volatility
Wall Street stocks finished mixed after the Federal Reserve announced its first interest rate cut of 2025 and signalled it could enact two…
Business
Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold…
Business
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the…
Business
US: Stocks edge down from records ahead of Fed decision
Wall Street stocks edged down from record highs on Tuesday following solid US retail sales data as markets hold their breath ahead of a…
Business
Japan's Nikkei hits record close for fourth day on chip gains ahead of Fed decision
Japan’s Nikkei share average closed at a record high for a fourth consecutive session on Tuesday (Sep 16), as investors scooped up…
Business
Gold scales new high as US dollar weakens ahead of Fed meeting
Lower interest rates reduces the opportunity cost of holding non-yielding bullion Gold prices scaled a record peak on Tuesday (Sep 16),…
Business
S&P 500, Nasdaq hit new highs ahead of Fed rate meeting
Street stocks gained on Monday with the S&P 500 and Nasdaq reaching new records on hopes that the US Federal Reserve will cut interest…
Business
Global Markets Cautious as Fed Set for Rate Cuts; Asian Stocks Mixed
Asian markets started the week cautiously on Monday, with indexes showing mixed performance. EUROSTOXX 50 futures rose 0.1%, while FTSE…
Business
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy…
Business
Gold prices steady near record high ahead of Fed rate decision
The US central bank’s policy meeting this week comes amid challenges, including a legal dispute over its leadership and efforts to confirm…
Business
Markets gear up for series of Fed cuts with bullish bets at risk
Markets have also priced in reductions continuing deep into 2026 to ward off a recession A key question for investors this week is whether…
Business
US: Nasdaq notches record high close, traders look to Fed meeting
The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the…
Business
Gold heads towards US$4,000 mark as markets grapple with dollar doubts, Fed uncertainty
Analysts note confidence in the precious metal is ultimately linked to sentiment towards the greenback Gold is blazing a trail towards…
Business
Gold prices trade above US$3,600 on Fed rate-cut bets
Investors are now awaiting US producer price data on Wednesday and consumer prices on Thursday for further clues on the Fed’s policy path…
Business
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
Business
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Business
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
Business
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations…
Business
Europe: Shares end stronger on firmer Fed rate-cut bets
EUROPEAN shares closed higher on Thursday as heightened expectations for a US Federal Reserve interest rate cut lifted markets, while…
Business
Lisa Cook Forces the Supreme Court to Show Its True Colors on the Fed
Powell, Cook, and the other five Federal Reserve governors automatically serve on the Federal Open Market Committee, a separate body that…
Business
Trump’s pressure on Fed independence holds global risk, ECB’s Rehn says
President Donald Trump’s escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial…
Business
Gold holds ground as investors await US data for more Fed cues
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed…