Fed

This is the takeaway from today's morning briefing, and what you can do subscription Received in your inbox every morning with: Covering the World Economic Forum in Davos, Switzerland every year is something I consider a competitive…

Breadcrumb Trail LinksPMN BusinessUnderlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further…

Written by Ankur Banerjee SINGAPORE (Reuters) - The dollar was strong on the last trading day of the year, poised for strong gains in 2024 against most currencies as investors brace for smaller U.S. interest rate cuts and the policies…

Breadcrumb linksBMN BusinessOver the past few years, the US economy has consistently defied expectations of a slowdown, and 2024 is no different.Article writer:Bloomberg NewsAugusta SaraivaPosted on December 29, 2024 • 3 minutes read…

(Bloomberg) -- U.S. Treasuries rose off their highs late Friday after a batch of closely watched inflation data came in below expectations, prompting traders to raise expectations of interest rate cuts by the Federal Reserve next year. …

Federal Reserve Chairman Jerome Powell surprised the markets on Wednesday evening.Jacqueline Martin/AP The Federal Reserve cut its benchmark interest rate on Wednesday to between 4.25% and 4.5%. The central bank also predicted…

Although the US Federal Reserve cut interest rates by 0.25%, it indicated only two rate cuts in 2025 compared to the four previously expected. The shekel is…

A look at the day ahead in the US and global markets from Mike Dolan Although the Fed's "tight cut" on Thursday was widely expected, markets now fear 4% interest rates will be the floor for at least next year - and no further easing…

(Bloomberg) -- The Federal Reserve shocked U.S. markets on Wednesday, sending stocks lower and pushing Treasury yields higher, on expectations of smaller interest rate cuts next year. This was the worst loss for the S&P 500 on…

Written by Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell and the dollar held near a two-year high on Thursday after the U.S. Federal Reserve warned it would ease the pace of interest rate cuts next year, while the Bank of Japan…