Channel NewsAsia Singapore9m
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
Fed Chair Jerome Powell said there was no need to rush rate cuts with the economy still growing, the job market solid and ...
KSAT14m
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Federal Reserve slashes interest rates by quarter-point as inflation cools
In a move that consumers will welcome, the Federal Reserve on Thursday slashed its benchmark interest rate by a quarter of a ...
Business Times22m
Singapore shares open lower on Friday; STI down 0.3%
SINGAPORE stocks began Friday (Nov 15) trading in negative territory as markets abroad mostly posted losses overnight. Read ...
CNBC Daily Open: Powell’s comments drag investors down to earth from postelection high
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
ThePrint26m
Dollar eyes weekly gain on slower Fed easing, inflation outlook
The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate cuts and the view that Donald Trump's ...
Gold little changed, heads for third straight weekly fall
Nov 15 (Reuters) - Gold prices were little changed on Friday but headed for a third straight weekly decline due to a stronger dollar, while Federal Reserve Chair Jerome Powell indicated that there was ...
Reuters on MSN43m
Powell says no need for Fed to rush rate cuts
Federal Reserve Chair Jerome Powell said on Thursday (November 14) the U.S. central bank does not need to rush to lower ...
Business News58m
Wall Street falls on rate cut commentary
Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not ...