DXY: May enter into consolidation – OCBC
The US Dollar (USD) continued to hover near recent highs amid Trump policy uncertainty, a possible return to US exceptionalism and less dovish Fedspeaks. DXY was last at 106.55 levels, OCBC’s FX ...
Stock Market Today: Dow futures point to second day of losses after Powell remarks
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
European Midday Briefing: Powell Rate-Cut Caution Drags on Stocks
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
The Iron Mountain Daily News2h
Powell: Fed will likely cut rates cautiously given lingering inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
CNBC Daily Open: Powell's comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
Markets Struggle At End Of Tough Week
Asian markets stuttered Friday as data showing a pick-up in Chinese consumption was offset by concerns about US interest ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Stock market today: Asian stocks climb after Wall Street’s post-election boom slows
Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump’s election ...