The yen rose against the dollar, and could rise further given the prospect of the BOJ raising interest rates by more than markets expect, Rabobank said.
This article looks into the latest developments in U.S. monetary policy, the broader implications and the uncertain path ahead.
U.S. stock futures were back in the red ahead of Wednesday's bell as shares in megacap Alphabet plunged 7% overnight. The ...
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
In Japan, the yen was last a touch stronger at 154.19 per dollar, having already climbed more than 1% for the week thus far.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher following a rush of profit reports from some of the country ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...