FEDERAL RESERVE INTEREST RATES
Investors hope for US stock market trifecta in 2025 after back-to-back boom years
The US stock market is predicted to rise further in 2025. A strong economy, falling interest rates, and growth-focused policies are expected to drive gains. However, high inflation and stock valuations pose challenges. Experts predict around 10% growth. The current bull market is historically short, suggesting further upside potential. Economic indicators are positive, but policy uncertainty and inflation remain concerns.
US consumer spending rises in November; monthly inflation subsides
U.S. consumer spending rose 0.4% in November, bolstering the economy and influencing the Federal Reserve's interest rate projections. This strength, fueled by robust job growth and healthy household finances, contributed to a 3.1% GDP growth in Q3. While the Fed cut rates, it anticipates fewer reductions in 2025 than previously predicted, citing the economy's resilience and persistent inflation.
Dollar set to end week on a high, yen at five-month low
The dollar surged to a two-year high, fueled by hawkish U.S. interest rate projections, while the yen plummeted to a new low. Several currencies, including the South Korean won and Canadian dollar, hit multi-year lows. The Bank of Japan's decision to hold rates steady further weakened the yen, despite rising inflation.
US stocks end flat after Fed-induced selloff as early bounce fades
Wall Street saw a mixed close on Thursday, with the Dow Jones Industrial Average barely halting a 10-day losing streak, its longest since 1974. This followed the Federal Reserve's projection of fewer interest rate cuts and higher inflation than previously anticipated. Economic data, including lower jobless claims and upwardly revised GDP growth, supported the Fed's outlook.
US Federal Reserve cuts key interest rates by 0.25%
The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed's move comes before Donald Trump replaces Joe Biden as President. Trump has proposed economic changes, including tariff increases. The Fed has been raising rates to combat inflation.
Hong Kong central bank cuts interest rate, tracking Fed move
The Hong Kong Monetary Authority (HKMA) reduced its base interest rate by 25 basis points to 4.75%, aligning with the U.S. Federal Reserve's recent decision, due to the city's currency peg to the U.S. dollar.
- Go To Page 1
Oil falls on demand concerns after Fed signals slower easing ahead
Oil prices dipped in early Thursday trading as the U.S. Federal Reserve signaled a slower pace of interest rate cuts in 2025, potentially curbing fuel demand. Brent crude fell to $73.06 a barrel, while U.S. West Texas Intermediate crude dropped to $70.22. This decline reversed some gains from Wednesday, driven by falling U.S.
US stocks dive after Fed cuts rates, signals slower easing pace in 2025
The Fed cut rates by 25 basis points to the 4.25%-4.50% range and its summary of economic projections (SEP) indicated it will make rate cuts totaling a half percentage point by the end of 2025 given the solid labor market and the recent stall in lowering inflation.
Decision Day Guide: US Federal Reserve set to deliver third-straight interest rate cut
The Federal Reserve is poised to lower borrowing costs for the third consecutive meeting, but signals fewer cuts in 2024 due to a resilient US economy. Stronger-than-anticipated economic data, including slower-than-expected inflation decline and a robust labor market, may lead to an upward revision of the projected borrowing costs path.
US Fed¡¯s Final Policy Meeting of 2024: Interest Rate Cut Expected Today; Jerome Powell to Address Press
The US Federal Reserve meeting has started, and this is the last Federal Open Market Committee gathering of 2024.
European shares flat ahead of Fed decision, Renault jumps
European stocks were little changed on Wednesday as caution prevailed ahead of the Federal Reserve's policy decision and outlook, outweighing a rise in Renault on talks of a potential merger between carmakers Honda and Nissan.
Fed to cut interest rate today and then a pause? What stock market investors expect
The US Fed is likely to cut interest rates. Investors await the Fed's updated projections. The Fed may signal a pause in rate hikes in January. Economic forecasts suggest better growth and firmer inflation. Markets anticipate two rate cuts in 2025. The Fed's decision will impact global markets. A dovish Fed could boost Indian equities.
Asian markets diverge ahead of Fed news, Nissan soars on merger reports
Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda. Tokyo edged down, though Nissan scorched 24 percent higher soon after opening in response to reports it was in preliminary merger talks with Honda, adding the move would help them better compete against Tesla and other electric vehicle makers.
US stocks fall, Dow Jones drops for 9th straight session with Fed decision due
U.S. retail sales increased more than expected in November, buoyed in part by an acceleration in motor vehicle purchases, consistent with strong underlying momentum in a resilient economy.
Bulls benched ahead of Fed & BoJ's rate play
While the American central bank is expected to cut interest rates by 25 basis points, the near-term market trend will depend on the commentary by Fed chair Jerome Powell on the direction of the rates.
Oil prices in holding pattern ahead of Federal Reserve decision
Oil prices remained steady in early Asian trading Tuesday, influenced by concerns about Chinese demand and anticipation of a U.S. interest rate decision. Prices retreated from recent highs following weak Chinese consumer spending data. Investors await the Fed's meeting, expecting a rate cut and insights into future monetary policy.
Gold steadies ahead of Federal Reserve's policy meeting
Gold prices held steady as the market awaited the Federal Reserve's policy meeting and its 2025 outlook. A quarter-point rate cut is widely anticipated, with further cuts less certain. Geopolitical tensions, including new sanctions on North Korea and Russia, added to market uncertainty. Investors also eyed upcoming U.S. economic data.
Nasdaq closes at record as investors prepare for Fed rate decision
Nasdaq hit a record high on Monday, while the S&P 500 rose as investors awaited the Fed's rate decision. Markets anticipate a rate cut, but the Fed's guidance remains crucial. Manufacturing data weakened, and the Dow saw its longest losing streak since 2018. Tech stocks boosted the Nasdaq and S&P, with Tesla and Alphabet leading gains.
Asian stocks climb ahead of key rate decisions
A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.
Fed faces important choice post this cut
Markets are pricing in a more than 90% probability of a 0.25-percentage-point cut in the Fed funds rate this week. Officials are likely to pencil in higher "dot plots" for rates, notwithstanding the dispersion in forecasts among them, together with a move up in the terminal rate closer to what the market expects. Finally, while Chair Jerome Powell will not close off his options for January completely, he is expected to signal at his press conference that the central bank will stand pat when the Federal Open Market Committee meets next month.
Gold firms as focus shifts to Federal Reserve's policy meeting
Gold prices held steady on Monday as investors awaited the Federal Reserve's upcoming meeting, where a third interest rate cut this year is anticipated. While a quarter-point reduction is expected, future rate cuts remain uncertain. Geopolitical tensions in Gaza and weakening demand in India also influenced gold markets.
Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
The Nasdaq reached a record 20,000, driven by rate cut expectations. However, robust economic growth and persistent inflation may slow the Fed's easing pace. This uncertainty, coupled with rising bond yields, poses a potential risk to the stock market's continued rally, particularly for tech stocks showing signs of overextension.
Global Central Bank liquidity: From market headwind to tailwind?
Global stocks have surged despite central bank liquidity drainage. As this reverses in 2025, with major economies easing policy and the Fed potentially ending quantitative tightening, markets anticipate a liquidity boost. While the relationship between liquidity and asset prices is complex, a large Fed balance sheet could signal ongoing support, potentially fueling further market gains.
Nikkei logs 2-month closing high after US data boosts Fed rate cut bets
Japan's Nikkei share average closed at a two-month high, boosted by Wall Street's gains and a U.S. inflation report. The Nikkei briefly surpassed 40,000 but closed at 39,849.14. Investors anticipate a Fed rate cut and a steady BOJ stance. Tech stocks performed well, while some profit-taking occurred.
Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Wall Street's S&P 500 and tech-heavy Nasdaq rose on Wednesday, with the Nasdaq crossing 20,000 for the first time, fueled by a U.S. inflation report and hopes of a Fed rate cut. The Dow Jones dipped slightly, impacted by proposed legislation affecting health insurers. Strong gains in tech stocks like Tesla and Nvidia drove the market's upward momentum.
Asian stocks rise after US inflation backs Fed cut
Australian and Japanese equities climbed while Hong Kong futures were steady. The S&P 500 rose 0.8% and the Nasdaq 100 advanced 1.9% to a new high Wednesday, with the strong showing for tech pushing Amazon.com Inc and Meta Platforms Inc. to fresh records. Broadcom Inc. rose 6.6% following a report that the chipmaker was working on an AI deal with Apple Inc.
Wall Street closes down as tech stocks fall
Wall Street's main indexes fell on Monday, dragged down by tech stocks, particularly Nvidia, following a Chinese antitrust investigation. Investors awaited key inflation data due later this week. Comcast and Omnicom also slumped, while Hershey surged on acquisition rumors. Positive unemployment data fueled rate cut bets.
Spectre of Trump spurs a final round of rate moves
The impending change in America will help cement a particularly unsynchronized phase in monetary policy, as various economies contend with different inflation risks.
Traders ramp up bets on December fed cut after mixed jobs data
The jobs data triggered a surge in trading of short-term interest-rate futures. Volume in the January federal funds contract reached approximately 480,000, setting a record for that tenor. Some traders, including through at least one large block, positioned for a rate cut at the Fed's December meeting, while others unwound short positions betting on no rate change.
Load More
