Tag: Federal Reserve
Fed’s Bowman Calls for Rate Cuts to Counter Job Market Weakness
Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday that she supports decisive interest rate cuts to protect the U.S. job market...
U.S. PCE Inflation Hits 2.7% in August as Bitcoin Jumps Past...
The latest U.S. Personal Consumption Expenditures (PCE) inflation report came in as expected, but it still highlights that inflation remains sticky and above the...
Wall Street Retreats After Robust Economic Data Weakens Rate Cut Outlook
U.S. Stocks Fall as Strong Economic Data Reduces Rate Cut Hopes
U.S. stocks declined on Thursday as stronger-than-expected growth and employment data lowered expectations for...
Asian Shares Weaken Following Wall Street Losses; BOJ Minutes Eyed
Asian Stocks Subdued as Wall Street Losses Weigh
Asian shares traded cautiously on Thursday, following overnight weakness on Wall Street. Investors stayed on the sidelines...
Wall Street Futures Hold Steady Ahead of Jobless Claims, PCE Data
Wall Street Futures Edge Higher as Markets Await Jobless Claims and PCE Data
U.S. stock futures moved slightly higher on Wednesday evening after Wall Street...
Bitcoin Slips Below $112K Ahead of Key U.S. Economic Reports
Bitcoin Falls Below $112K Ahead of Key U.S. Data
Bitcoin slipped under $112,000 on Thursday, giving back its recent rebound as investors turned cautious before...
Asian Stocks Stall After Rally, Yen Slips Versus Major Currencies
Asian Stocks Pause as Yen Weakens and Oil Slips
Asian shares paused their recent rally on Thursday as investors looked for new market drivers. The...
Asian Currencies Extend Losses as Dollar Strengthens Before Key US Data
Asian Currencies Struggle as Strong Dollar Holds Ahead of Key US Data
Most Asian currencies traded steady on Thursday after suffering heavy overnight losses. The...
U.S. Markets Gain as Micron Posts Strong Earnings, Data Remains Key
U.S. stocks moved higher on Wednesday, recovering after weakness in the previous session following cautious comments from Federal Reserve Chair Jerome Powell.
At 09:32 ET...
Asian currencies hold steady after Powell comments; Aussie rises on CPI...
Asian currencies and the U.S. dollar were mostly steady on Wednesday after Federal Reserve Chair Jerome Powell struck a cautious tone on future rate...
