Fed

Fed is about to nod at a rate cut as US job growth moderates
Fed is about to nod at a rate cut as US job growth moderates
July 28, 2024
US Federal Reserve officials are on the verge of lowering borrowing costs within months, a move that chairman Jerome Powell may signal this week as the risks grow of...
Fed considers rule tweak that could save biggest US banks billions in capital
Fed considers rule tweak that could save biggest US banks billions in capital
July 9, 2024
The US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for...
Asia: Markets rise ahead of Fed chief’s Congress testimony
Asia: Markets rise ahead of Fed chief’s Congress testimony
July 9, 2024
ASIAN markets rose on Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell’s testimony to Congress which will be closely watched for any hints on...
Gold edges higher as focus turns to Fed Powell’s testimony
Gold edges higher as focus turns to Fed Powell’s testimony
July 9, 2024
GOLD prices ticked up on Tuesday (Jul 9), with investors awaiting Federal Reserve chair Jerome Powell’s testimony and June inflation data to assess the next policy move by the...
Gold lingers near one-month high on Fed rate-cut bets
Gold lingers near one-month high on Fed rate-cut bets
July 8, 2024
GOLD prices eased on Monday (Jul 8) but hovered near a more than one-month high scaled in the previous session, after softer US data boosted expectations of an interest...
Europe: Shares rise as Fed rate cut bets firm; focus on elections
Europe: Shares rise as Fed rate cut bets firm; focus on elections
July 3, 2024
EUROPEAN shares rose on Wednesday, as dovish comments from Federal Reserve Chair Jerome Powell and fresh US economic data firmed rate cut expectations, while investors awaited the second round of...
US: Stocks tread water ahead of data, Fed minutes
US: Stocks tread water ahead of data, Fed minutes
July 3, 2024
WALL Street’s main indexes were steady at the start of a holiday-shortened trading session, as investors assessed data pointing to an easing labour market while looking ahead to more...
Gold flat as investors focus on Fed minutes
Gold flat as investors focus on Fed minutes
July 3, 2024
GOLD prices were flat on Wednesday (Jul 3) as investors awaited minutes of the Federal Reserve’s last policy meeting for fresh cues on when the US central bank will...
US: S&P 500, Nasdaq end at fresh records after Fed chair’s comments
US: S&P 500, Nasdaq end at fresh records after Fed chair’s comments
July 2, 2024
WALL Street stocks jumped on Tuesday, lifting major indices to fresh records, following comments from Federal Reserve Chair Jerome Powell that boosted the odds for interest rate cuts.The broad-based S&P 500...
Gold holds ground as slowing inflation boosts Fed rate-cut bets
Gold holds ground as slowing inflation boosts Fed rate-cut bets
July 1, 2024
GOLD prices held steady on Monday (Jul 1) after data showed US inflation subsided, bolstering hopes that the US Federal Reserve will start cutting interest rates this year.Spot gold...