Tag: Federal Reserve
Crypto Falls Sharply as Investors Flee Risk Assets
Cryptocurrencies fell sharply on Friday as investors pulled back from risk assets. Bitcoin and ether dropped to multi-month lows, pressured by concerns over high...
Asia FX Steady as Dollar Holds Firm and Japan Data Takes...
Asian currencies and the U.S. dollar held mostly steady on Friday as traders assessed mixed U.S. labor data. The report offered little guidance on...
Oil Prices Drop 1.5% as Russia-Ukraine Peace Talks Gain Momentum
Oil prices dropped by 1.5% on Friday, marking the third straight day of losses. The decline came as the United States pushed for progress...
Wall Street Divided on December Fed Rate Cut After Jobs Report
Wall Street remains divided on whether the Federal Reserve will cut interest rates in December. The split follows Thursday’s September jobs report, which showed...
U.S. Job Growth Strengthens in September Even as Unemployment Rises to...
U.S. job growth picked up in September, but the unemployment rate rose to 4.4%, the highest level in four years. Meanwhile, the economy lost...
Fed Chair Succession Debate Intensifies as Trump Increases Pressure on Powell
President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday, putting the spotlight on the future of the central bank’s...
Morgan Stanley Scraps December Rate-Cut Forecast After Strong U.S. Jobs Data
Morgan Stanley has withdrawn its call for a quarter-point Federal Reserve rate cut in December. The change came after September’s stronger-than-expected jobs report pointed...
Gold Holds Steady After Payrolls Report as December Rate Cut Odds...
Gold prices held steady on Friday, pausing after two days of strong gains. The market remained uncertain as traders questioned whether the Federal Reserve...
S&P 500 Slips as Fed Minutes Hit Rate-Cut Hopes; Nvidia Ahead
The S&P 500 surrendered earlier gains on Wednesday after the Federal Reserve’s October meeting minutes reduced expectations for a December rate cut. The more...
Bitcoin Falls Under $89K as Analyst Warns ‘No Quick Fix’
Bitcoin faced renewed selling pressure on Wednesday afternoon as traders stayed cautious ahead of key U.S. jobs data and more signals on Federal Reserve...
