, which meets on October 28–29 in what is widely seen as the most consequential event of the week. Markets have all but priced in a 25-basis-point cut, which would bring the federal funds rate to a ...
It didn’t take long for one of the biggest and most important trading themes at the start of 2024 to come back in the minds of investors and traders, after having faded a month ago. Financial-market ...
Federal Reserve Chair Jerome Powell said the central bank will leave its benchmark interest rate unchanged, adding that the Fed believes its policy rate is ‘likely at or near its peak.’ Photo: Michael ...
SINGAPORE, Oct 28 (Reuters) - Singapore's central bank said on Monday it expects 2024 gross domestic product growth at the upper end of the 2%-3% forecast range, and for next year to have a similar ...
HONG KONG/SHANGHAI, June 26 (Reuters) - Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local currency hit the weak end of its trading ...
The Federal Reserve cut interest rates for the first time in nine months on Wednesday, signaling concerns about a weakening labor market. The central bank’s Federal Open Market Committee voted to ...