Business
Europe: Shares finish near three-week high, luxury shines; Fed’s next move awaited
EUROPEAN shares closed near a three-week high on Monday, with luxury and defence stocks boosting the main index ahead of key meetings at…
Tag
Feds
Business
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this week A US Federal Reserve rate cut this…
Business
US Fed’s Jackson Hole exposes hard road ahead for central bankers
The US Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick…
Business
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
St Louis Fed president Alberto Musalem said on Friday (Aug 22) he will need more data before deciding to support a rate cut at the Fed’s…
Business
Europe: Shares steady with Fed’s summit in focus; US-EU lock in trade deal
EUROPEAN equities were subdued on Thursday as investors awaited updates from the Federal Reserve’s Jackson Hole symposium, while the…
Business
US Fed’s top regulatory official suggests allowing central bank staff to own small amounts of crypto products
Under Trump, the Fed and other bank regulators have already taken several steps to be more open to crypto activities by banks The US…
Business
STI rises 0.7% ahead of US Fed’s meeting
Across the broader market, gainers beat losers 269 to 217, with 2.1 billion securities worth S$1.66 billion changing hands Singapore…
Business
Gold holds steady as investors eye Fed’s Jackson Hole meeting
Gold prices were little changed on Tuesday (Aug 19) as investors focused on the Federal Reserve’s Jackson Hole meeting later this week,…
Business
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Business
Fed’s Williams says tariff economic impact is only just starting
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central…
Business
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to…
Business
Fed’s Logan says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday she expects it will take until the fall to understand the effect of tariffs…
Business
Big banks pass Fed’s stress test, setting stage for payouts
[WASHINGTON, DC] A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to…
Unsorted
Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were…
Business
US: Wall Street indexes open muted ahead of Fed's interest rate verdict
Wall Street’s main indexes opened subdued on Wednesday (Jun 18), ahead of the Federal Reserve’s monetary policy decision, as the…
Business
Fed’s Bostic wants more progress on inflation, in no rush to cut
US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see “a lot”…
Business
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
News
Feds look for links between Cybertruck explosion and New Orleans attack, seek other suspects
Authorities are looking for possible connection between the attack in New Orleans that killed 15 and the explosion of a Tesla Cybertruck…
Business
Asia: Markets mixed as traders digest Fed’s hawkish pivot
EQUITIES fluctuated on Friday (Dec 20) and the US dollar maintained its gains against its peers as investors assessed the fallout from the…
Business
Fed’s hawkish tilt has emerging markets scurrying to save currencies
CENTRAL banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday (Dec 19), hours after the Federal…
Business
Ahead of Fed’s final meeting of 2024, all eyes on the gifts that Powell might dole out
LAST Christmas, the US Federal Reserve gave the stock market a change of heart. This year, to save economists from tears, the central bank…
Unsorted
Feds to Deploy High-Tech System to Track Drone Swarms Over NYC, NJ that Have Raised Concerns Across the United States
Federal authorities are preparing to introduce an advanced drone detection system in New York State as a growing number of unidentified…
Business
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room…
Business
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on Trump’s policies THE latest rate cut by the US Federal…