Fed

Written by Sameer Manikkar Analysts remained bullish on most Asian currencies, although some pared bets slightly, as a defensive U.S. dollar driven by a dovish Federal Reserve boosted the appeal of risk-sensitive assets, a Reuters poll…

(Bloomberg) -- Bitcoin hit a three-week high alongside a jump in U.S. stock futures as a sharp interest rate cut by the Federal Reserve rattled markets.Most Read from BloombergThe digital currency rose about 3.9% before trading at $61,900…

The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto…

Written by Ray Wee SINGAPORE (Reuters) - The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank…

The Federal Open Market Committee cut interest rates by 50 basis points to 4.75% to 5.00% at its September meeting, marking a strong start to the monetary policy easing cycle. It was also the first cut in borrowing costs since the start…

(Bloomberg) -- Asian stocks braced for tailwinds from a half-percentage-point interest-rate cut by the U.S. Federal Reserve and signs of more monetary policy easing in the coming months.Most Read from BloombergJapanese stock futures rose,…

You will notice that the HKCB prime rate is slightly higher than the federal funds rate.The Hong Kong dollar is traded within a range pegged to the US dollar set by the Hong Kong Monetary Authority. You can see the boundaries of the range…

The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable,…

(Bloomberg) -- Stock markets fell amid uncertainty over how aggressively the Federal Reserve will cut interest rates after keeping them at a two-decade high for more than a year.Most Read from BloombergThe S&P 500 was little changed…

Investing.com - Stocks on Wall Street moved around both sides of the flat line on Wednesday as investors focused ahead of a historic decision by the Federal Reserve that is likely to lead to its first interest rate cut since March 2020. By…