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Five Things You Need to Know to Start Your Day: Asia
Bloomberg· 14 hours agoGood morning. Jerome Powell said the Fed’s next move is unlikely to be a hike. The yen surged in late New York trading. Elon Musk upended a deal the...
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Day· 15 hours agoFederal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in...
Treasury yields hold steady as investors weigh monetary policy outlook
CNBC· 5 hours agoU.S. Treasury yields were little changed on Thursday as investors digested the outcome of the latest...
Fed meeting: the hawkish pivot that never was, and the massive surge in the yen
The Forex Market· 11 hours agoThe Fed’s latest meeting is over, and once more it has left its mark on financial markets. The Fed...
Fed Meeting: Rate Cuts Will Wait, But QT Relief Offers Stealth Easing; S&P 500 Slips
Investor's Business Daily· 17 hours agoYet policymakers gave a green light to slowing the pace at which the Fed is shrinking its Treasury...
Why Markets Must Beware Powell’s Comments on Fed Rate Hikes, and 5 Other Things to Know Today
Barrons.com· 2 hours agoNovo Nordisk hikes guidance as sales of weight-loss drugs surge, Qualcomm profit lifted amid high...
Hawkish Fed Risk Fades After Powell's Remarks: He 'Set The Bar Extremely High For Rate Hikes'
Benzinga· 14 hours agoDuring the press conference, Federal Reserve Chair Jerome Powell underscored the necessity of...
Gold prices skyrocketed as Powell’s words boosted the yellow metal
The Forex Market· 16 hours agoGold prices rose over 0.40% after the Federal Reserve announced that it would hold interest rates...
Mexican Peso rises after Powell’s comments and Fed hold rates
The Forex Market· 17 hours agoFed Chair Jerome Powell underscored a cautious, data-dependent approach to future monetary policy...
S&P 500 Futures Rise as Earnings Roll In
The Wall Street Journal· 3 hours agoMajor indexes were choppy Wednesday after Federal Reserve Chair Jerome Powell indicated the bar to cut interest rates had gone up. That provided some...