Tag: interest rates
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...
Trump Slams Fed Chair Powell Again: ‘I’d Fire Him’
U.S. President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday. He argued that Powell has been too slow to...
Asia FX Drops as Traders Brace for Fed Moves and Key...
Asian currencies slipped on Wednesday, with the South Korean won and the Australian dollar leading the declines. Investors remained cautious ahead of the delayed...
Gold Rebounds as Fiscal Worries and U.S. Rate Uncertainty Boost Safe-Haven...
Gold prices climbed in Asian trading on Wednesday as concerns over rising fiscal spending in major developed economies, particularly Japan, pushed investors toward safe-haven...
December Fed Rate-Cut Odds Climb Above 50% After Weak U.S. Jobs...
The likelihood of a Federal Reserve rate cut in December has risen above 50% after two major labor market reports indicated continued weakness in...
Trump Says He Has Chosen a Successor for Fed Chair Jerome...
U.S. President Donald Trump has revealed that he believes he has identified his preferred candidate to replace Federal Reserve Chair Jerome Powell when Powell’s...
Dollar stays firm against yen as markets watch Japan’s fiscal plan...
The U.S. dollar held on to recent gains against the yen on Tuesday after reaching a new nine-and-a-half-month high. It also edged higher against...
BOE set to cut rates in December and again in early...
The Bank of England is expected to cut interest rates in December and again early next year, as inflation is projected to ease in...
Gold Falls as Rate Cut Hopes Fade Ahead of U.S. Payrolls...
Gold prices declined in Asian trading on Tuesday, extending their recent slide as fading expectations for a Federal Reserve rate cut in December strengthened...
U.S. Dollar Climbs as Yen Hits Nine-Month Low
U.S. Dollar Rises as Traders Eye Fed Policy and Government Reopening
The U.S. dollar strengthened against both the euro and Japanese yen on Wednesday as...
