Federal Reserve’s Barkin says recent inflation data ‘not supportive’ of case for rate cuts
THE recent uptick in US inflation has weakened the case for the Federal Reserve to start cutting interest rates, a ...
Tag: Rate
Oil settles lower as rate cut hopes moderate, Brent holds near US$90/barrel
OIL prices settled lower on Thursday as sticky inflation dampened hopes for near-term US interest rate cuts, but worries that Iran ...
Europe: Banks weigh down Stoxx 600 after ECB signals rate cuts
EUROPE’S benchmark stock index fell to a one-month low on Thursday, as banks took a hit after the European Central Bank held ...
US: Wall St opens higher as fresh inflation data allays rate jitters
WALL Street’s main stock indexes opened higher on Thursday (Apr 11) after softer-than-anticipated producer prices data soothed investor fears about ...
Singapore stocks fall amid tepid sentiment from firm US inflation rate; STI down 0.3%
SINGAPORE stocks fell on Thursday (Apr 11) as investor sentiment softened overnight after higher-than-expected US inflation rates led investors to ...
Thai PM says rate cut would have been right for economy, public ‘suffering’
THAILAND’S economy would have benefited from a cut in key interest rates, Prime Minister Srettha Thavisin said on Thursday (Apr ...
Asia: Market tracks Wall Street losses as US data deals blow to rate cut hopes.
ASIAN markets reversed on Thursday (Apr 11) after forecast-topping United States inflation dealt a hefty blow to hopes for a ...
Gold flat as sticky US inflation tempers hopes for early rate cut
GOLD prices were little changed on Thursday (Apr 11), as the US dollar and Treasury yields firmed after hotter-than-expected inflation ...
ECB to set up June rate cut after rapid inflation fall
THE European Central Bank (ECB) is all but certain to keep borrowing costs at a record high on Thursday (Apr ...
Europe: Shares rebound from one-month low; ECB rate verdict up next
EUROPEAN shares staged a recovery after a knee-jerk reaction to a high US inflation reading on Wednesday (Apr 10), with ...
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