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 and half-point cut in September.
Interest rates could be 3 percentage points higher under Trump
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
Zawya25m
Mideast Stocks: Gulf bourses end mixed with focus on Fed
Traders responded to a U.S. inflation print that was in line with expectations by ramping up bets on a Federal Reserve rate cut next month ...
Zawya10m
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 traders also contemplated a hawkish Trump presidency. The tepid performance ...
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 ...
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market ...
Cyprus Mail59m
Why is the euro falling and could it hit $1?
The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s US election win raises ...