US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
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WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
The new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions The Federal Reserve will lower…
The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation…
Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh…
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs Three central banks over two days surprised…
The Bank of Japan (BOJ) can raise interest rates if prospects of durably meeting its 2 per cent inflation target improve, but would…
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump…
Wall Street’s main indexes were muted at open on Tuesday (Sep 23) as the recent tech-fuelled rally took a breather, while investors…
GOLD surged to a record high on Monday (Sep 22), buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks…
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
China’s central bank left a key interest rate unchanged on Thursday (Sep 18), as authorities appear in no rush to ease monetary settings…
Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing…
ASIAN stock markets were mixed on Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.…
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
ASIAN stocks rose again on Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this…
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this week A US Federal Reserve rate cut this…
ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have…
Real estate investment trusts in Singapore (S-Reits) rebounded strongly in the third quarter to date, with the iEdge S-Reit index…
Another cut is entirely possible, says French central bank governor Francois Villeroy European Central Bank (ECB) policymakers were…
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a…
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a…
Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal…
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…