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US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
More ECB rate cuts increasingly unlikely, Wunsch says
[WASHINGTON] The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation holding around the 2 per cent target,...
US: Wall Street subdued at open after Powell offers no rate clues
[NEW YORK] Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh policy signals, leaving investors to rely...
Surprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs[HONG KONG] Three central banks over two days surprised markets and economists with unexpected interest rate decisions, each...
Federal Reserve’s Miran wants aggressive rate cuts but downplays differences with other officials
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump administration policies on the economy, while other central...
US: Wall Street opens higher on rate cut expectations
[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve on Wednesday, while digesting stronger-than-expected...
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 weekA US Federal Reserve rate cut this week...