Rate cut bets boost stocks as bitcoin stalks $100,000
Asian stocks were mixed on Thursday in the wake of record peaks on Wall Street as a softer read on U.S. services data boosted ...
Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
Markets are still pricing in another cut in interest rates of 25 basis points when the Fed meets in two weeks. Unless things ...
ADP Jobs report data add to case for December Fed interest rate cut
Private-sector hiring continues to slow, but workers are finding pay increases for remaining in their current positions.
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a quiet period for Fed officials ...
Market expects a December rate cut
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape'
A tech rally boosted US stocks on Wednesday, with all three major indexes hitting new record closes, as investors digested ...
Traders stick with December rate-cut view after Powell speaks
Fed-funds futures traders continued to cling to the likelihood of a quarter-point rate cut at the Federal Reserve's next meeting in two weeks, even after Fed Chair Jerome Powell said officials can be ...
Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
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Asian stocks mixed as US data fuels hopes of Fed interest rate cuts
The S&P 500, Nasdaq and Dow all notched record highs overnight and bitcoin, at times a barometer of the mood, was back within ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
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Softer US services growth favours further Fed rate cuts
Cooling business activity in an environment of subdued job creation should give the Fed the confidence to cut interest rates ...