Channel NewsAsia Singapore28m
Dollar notches weekly gain as traders reassess rate cut expectations
The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Access WDUN5h
Stock market today: Wall Street down again early Friday, on track for third losing week in last four
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...
Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...
Post-election stock rally fizzles as interest rate concerns grow
The S&P 500, Nasdaq and Dow all fell for the week, while pharmaceutical stocks slid after Trump picked anti-vaccine activist ...
Crain's Cleveland Business8h
Former Fed economist talks risks to NEO's post-election economy
“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and ...
Crain's Chicago Business9h
'Rates will be a lot lower’ in 12-18 months, Goolsbee says
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in ...