It was the Fed’s first rate cut in more than four years. Read more
The widely anticipated pivot is likely to bolster emerging market assets in Asia and extend their lead over global favorites such as Japan and chip stocks. Read more
Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to increase their long-yen positions. Read more
The currency has declined rapidly against peers as anticipated interest rate cuts threaten to end the greenback’s yearslong period of strength. Read more
Federal Reserve Chair Jerome Powell repeated that the U.S. central bank isn’t in any rush to cut interest rates as policymakers await more evidence that inflation is contained. Read more
Tokyo stocks are expected to test an all-time high in 2024 on hopes of robust corporate results and real wage growth, overcoming a stronger yen that will pressure exporters amid prospects of... Read more
U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation without a recession, meet this week with an autoworkers strike, a possible federal go... Read more
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder. At an... Read more
New York – Federal Reserve Chair Jerome Powell on Friday did little to dissuade markets from the “higher for longer” mantra for rates that has driven up Treasury yields in recent weeks... Read more