Tag: Federal Reserve
Inflation Nudges Higher: September PCE Data Reveals Fresh Rise
The U.S. Commerce Department reported on Friday that the delayed Personal Consumption Expenditures (PCE) price index rose slightly to 2.8% in the 12 months...
European Markets End Mixed After Crucial U.S. Inflation Data
European stocks ended Friday with a mixed performance. Early optimism faded as investors waited for the delayed release of the Federal Reserve’s preferred inflation...
Dollar Slips as Markets Brace for Key Fed Meeting Next Week
The U.S. dollar moved slightly lower on Friday but stayed within its recent trading range. Traders remained focused on next week’s Federal Reserve meeting,...
Nikkei Falls Despite Asia Strength — Investors Await US Inflation Data
Japan’s Nikkei fell on Friday, erasing its gains for the week despite a generally positive session across Asia. Investors remained cautious as they waited...
U.S. Stocks Inch Higher After Jobless Claims; Salesforce Rises
U.S. stocks moved slightly higher on Thursday as investors evaluated fresh labor market data ahead of next week’s Federal Reserve meeting.
As of 09:35 ET...
Can Powell Pull Off a Hawkish Cut? BofA Weighs In
The Federal Reserve is widely expected to lower interest rates by 25 basis points to a range of 3.5%–3.75% at next week’s meeting. However,...
Stocks Rise as Dollar Weakens With Rate Cuts in Focus
Global equities edged higher on Thursday as investors grew more confident that a U.S. interest rate cut will help support economic growth. Fresh labor...
Dollar Stays Weak Before Fed Meeting as Euro Nears Highs
The U.S. dollar held steady on Thursday but continues to trade weak after a series of soft economic reports strengthened expectations of an interest...
Dollar Stays Weak as Rate-Cut Hopes Build; Euro Hits 7-Week High
The U.S. dollar weakened on Thursday after softer economic data strengthened expectations for a Federal Reserve rate cut next week. The decline offered relief...
Japan’s BOJ Poised for December Rate Hike; Govt on Board
The Bank of Japan is expected to raise interest rates in December, and the government is likely to tolerate the move, according to three...
