The U.S. Federal Reserve (Fed) cut its benchmark interest rate by 0.25 percentage points on Thursday (local time), continuing expansionary monetary policy after a big cut in September (0.5 percentage points). Fed’s Chair Jerome Powell made it clear that he would not step down even if U....
4. The Federal Reserve “spies the hawk”. After the interest rate meeting in December, the market may have overinterpreted the Fed's interest rate cut signals. The Federal Reserve may take the initiative to “launch an eagle” to revise market expectations of interest rate cuts: 1) Correcti...
Oil Prices Settle up on Supply Shocks, Prospect of US Interest Rate Cuts Investing News Investing Money Home Oil Prices Settle up on Supply Shocks, Prospect of US Interest Rate CutsBy Reuters | Sept. 16, 2024, at 9:42 p.m. Save MoreReuters FILE PHOTO: An oil and g...
Fed Chief Hints US Interest Rate Cuts on AgendaALAN GREENSPAN, the chairman of the Federal Reserve, has given the clearest hint to date that interest rate cuts are back on the agenda.
Oil prices, which also tend to spike on US interest rate cut expectations, were also on the rise. JPMorgan economist Michael Feroli said: "We agree it is likely to be a close call, but we also believe the Fed will make the 'right' move and go 50bp [basis points]. ...
Q1: This series of contradictory signals continue to dampen market expectations for the magnitude of interest rate cuts, and even more people are skeptical about whether rate cuts can still happen this year. How to interpret mixed U.S. economic data? Arend: A feature of the US data for some...
The US central bank has raised expectations that interest rate cuts are around the corner, but also signalled it wants more evidence that easing inflation is sustainable. The Federal Reserve kept its core interest rate range steady between 5.25-5.5% following the first meeting of its Federa...
The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. "Since earlier in the year, labor market con...
Strategist says 2025 will be year of U.S. dominance and further interest rate cuts Andrew Pease, chief investment strategist at Russell Investments, says he expects U.S. market dominance, further rate cuts and for the dollar to strengthen in 2025. ...
transaction mechanisms and the Connect program between the Chinese mainland and Hong Kong; slowing A-share IPO activity; and expected US interest rate cuts. Market highlights will include listings by prominent companies, de-SPAC transactions, international and Chinese companies that switch their listi...