Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
2-year Treasury yield jumps after the close, with Powell patient about rate cuts
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another 0.2% to 156.56, the highest since July.
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Asian markets fluctuate at end of tough week
Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while ...
Sohn: Howard Marks says Trump will come out swinging on China
ASX climbs. J O Hambro’s Mehta picks Tencent Music. IMF’s Bannan picks Corporate Travel. Ellerston’s Kourtis picks Perpetual.
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Bitcoin speculative fervor cools as traders await next Trump steps
The speculative frenzy around Bitcoin since Donald Trump’s US election victory is moderating both in the spot and derivatives ...