US Fed holds rates steady, nods to possible September cut
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon ...
Tag: federal reserve
Wall Street’s broadening trade pressures index-tracking billions
A long-coveted broadening of the great stock rally would be good news for a slew of active managers and macro ...
Fed would not wait for 2% inflation to consider rate cut: Powell
Washington, Jul 10, 2024 -The US central bank will not want to wait for inflation to cool to its two ...
Wall Street closes subdued as investors sit, wait for inflation data
U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke ...
Dow closes at a one-month high as investors broaden portfolios
The Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated out of ...
Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a ...
ECB jumps ahead of Fed, cuts interest rate by 25 bps for first time since 2019
The European Central Bank cut its key interest rate Thursday by a quarter point, moving ahead of the U.S. Federal ...
Wall Street muted at open with Fed minutes, Nvidia results on tap this week
The Dow Jones Industrial Average fell 13.83 points, or 0.03%, at the open to 39,989.76. The S&P 500 opened higher ...
Fed’s Mester seeks more evidence inflation pressures are easing
NEW YORK: Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday holding U.S. central bank policy at current ...
US quarterly earnings to feature big growth in tech-related companies
Big technology-related company earnings are expected to again lead S&P 500 profit growth in the upcoming U.S. reporting period, which ...
