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Fed Chair Jerome Powell: US inflation is cooling again, though it isn't yet time to cut rates
Associated Press Finance via Yahoo Singapore Finance· 1 day agoInflation in the United States is slowing again after higher readings earlier this year, Federal...
Stock Market News for Jul 3, 2024
Zacks via Yahoo Singapore Finance· 5 hours agoWall Street closed higher on Tuesday, driven by mega-cap growth stocks. Optimistic comments from Fed Chair Jerome Powell also helped lift investor mood.
Powell: ‘Quite a bit of progress’ on inflation, but not enough to cut rates
The Hill via Yahoo Singapore Finance· 1 day agoFederal Reserve Chair Jerome Powell said Tuesday the central bank needs to see better inflation...
Morning Bid: New records as jobs scanned, Tesla jumps
Reuters via Yahoo Singapore Finance· 8 hours agoFederal Reserve chair Jerome Powell managed to smooth some election-ruffled feathers in bond markets...
Trump is already pushing interest rates up
Yahoo Finance· 2 hours agoWhen Treasury rates rise, all borrowing rates rise in tandem. The recent rise in the 10-year rate following the June 27 debate was even more stark until...
European shares rise as Fed rate cut bets firm; focus on elections
Reuters via Yahoo Singapore Finance· 11 hours ago(Reuters) -European shares rose on Wednesday, as dovish comments from Federal Reserve Chair Jerome ...
Powell encouraged by cooler inflation data: 'We are getting back on a disinflationary path'
Yahoo Finance· 1 day agoFederal Reserve Chair Jay Powell said Tuesday that he is encouraged by cooler inflation readings but...
US stocks back at records while European bourses retreat
AFP News via Yahoo Singapore Finance· 21 hours agoWall Street equity indices advanced to fresh records Tuesday as markets embraced commentary from...
Powell says Fed waiting on rate cuts for more evidence inflation is easing
USA TODAY via Yahoo Singapore Finance· 1 day agoDespite last week’s encouraging inflation report, Federal Reserve Chair Jerome Powell gave no signal Tuesday that officials are poised to cut interest rates ...
EMERGING MARKETS-Asian stocks climb on US rate-cut hopes; currencies remain tepid
Reuters SG via Yahoo Singapore Finance· 11 hours agoStocks in Singapore climbed as much as 1.6% to touch their highest levels since April 2022, and Taiwan equities rose...