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Trump warms to Powell ahead of potential rate cuts: ‘I would let him serve it out’
The Hill via Yahoo News Singapore· 4 days agoWith interest rate cuts on the horizon and the economy poised to turn a corner after its...
Gold prices hit record high above $2,470 as rate cut bets grow
Investing.com via Yahoo Singapore Finance· 4 days agoInvesting.com-- Gold prices rose to record highs in Asian trade on Wednesday, extending a strong run of recent gains amid growing optimism that the Federal Reserve will cut interest rates in September.
Trump says he mulls Jamie Dimon for US Treasury, won't try ousting Fed's Powell
Reuters via Yahoo News Singapore· 4 days agoWASHINGTON (Reuters) -Donald Trump will not try ousting Federal Reserve Chair Jerome Powell before...
IMF lowers outlook for US economy while warning of slower disinflation
The Hill via Yahoo Singapore Finance· 4 days agoThe International Monetary Fund (IMF) lowered its 2024 outlook for the U.S. economy by 0.1...
Stock market news today: S&P 500, Dow surge to record highs as blue chip index gains over 700 points
Yahoo Finance· 4 days agoBofA's quarterly profit fell but beat estimates, while Morgan Stanley profit jumped, both offering...
Media Stocks Jump With Broader Market As Interest Rate Relief Seems Certain
Deadline via Yahoo Singapore Finance· 4 days agoMedia and entertainment shares are having a great day as are markets with the Dow, S&P and Russell...
Fed's Kugler cautiously optimistic inflation headed to 2% target
Reuters via Yahoo Singapore Finance· 4 days agoWASHINGTON (Reuters) -Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism...
Oil prices slip on China demand woes; fresh US inventory data eyed
Investing.com via Yahoo Singapore Finance· 4 days agoInvesting.com-- Oil prices settled lower Tuesday, as economic weakness in top importer China soured the outlook for global energy at a time when many hoping for summer-led demand slump in inventories.
Markets are betting there's a 100% chance the Fed cuts rates in September
Yahoo Finance· 4 days agoWith inflation falling and signs of a slowing economy brewing, markets are increasingly confident...
Oil prices fall as traders assess China growth worries
Yahoo Finance· 4 days agoTraders have priced in a 100% likelihood the Fed will bring down borrowing costs that month,...