Fed Lowers Interest Rates by a Quarter Point but Hints at Fewer Cuts Next Year Due to High Inflation Sending Dow Down by 1,100 Points
The Federal Reserve on Wednesday cut its key interest rate by 25 basis points, marking the third cut in a ...
Tag: inflation
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the ...
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations ...
US: Wall St opens mixed, focus remains on inflation data
Wall Street’s main indexes opened mixed on Tuesday (Dec 10) ahead of a key inflation report this week that could ...
Gold hovers near two-week peak as focus shifts to US inflation data
GOLD prices remained mostly unchanged on Tuesday (Dec 3), staying near a two-week high hit in the previous session, as ...
US: Wall St opens muted with inflation data in focus
WALL Street’s main indexes opened flat to lower on Monday (Dec 9), after the S&P 500 and the Nasdaq notched ...
Gold inches higher as traders await US inflation print
GOLD prices inched higher on Monday (Dec 9) as investors awaited US inflation data, set for release this week, for ...
Bond traders see inflation data as key to cinching next rate cut
BOND traders are hoping to coast to the end of a volatile year – unless a surprise jump in inflation ...
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing ...
Yen hits 6-week high after faster-than-expected inflation support bets for a Dec BOJ rate hike
THE Japanese yen jumped to a six-week high against the dollar on Friday (Nov 29) after faster-than-expected inflation in Tokyo ...
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