The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish comments from policymakers while the frail yen remained on intervention watch. Fed Governor Christopher Waller said the job market is weak enough to warrant another quarter-point rate cut in December, though action … Read more
Stock investors are preparing for a turbulent year-end sparked by uncertainty over near-term Federal Reserve interest rate cuts and mounting worries that artificial intelligence companies, which have propelled the market to new records this year, are overvalued. The market continued to slide this past week, despite equity indexes rebounding sharply on Friday. As of Friday’s … Read more
Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold “for a time” while the central bank assesses how much of a brake the current level of borrowing costs is putting on the economy, with soaring stock prices one reason to think it may not be much. In remarks … Read more
Gold prices dropped 3% on Friday on a broader market sell-off, sparked by hawkish remarks from U.S. Federal Reserve officials, dimming hopes for a December interest rate cut. Spot gold fell 1.9% to $4,092.72 per ounce, as of 02:33 p.m. ET (1933 GMT), after falling over 3% earlier in the session. However, bullion is up … Read more
The dollar firmed to a near three-month high on Monday as investors awaited the release of data this week to gauge the health of the U.S. economy and determine whether it could alter the Federal Reserve‘s hawkish stance. The yen languished near an 8-1/2-month low, pressured by wide interest rate differentials between the U.S. and … Read more
The Indian market ended lower on Friday, with the Sensex and Nifty logging a second day of losses as investors booked profits amid mixed corporate earnings and cautious global cues, with a stronger U.S. dollar and the Federal Reserve’s tempered stance on rate cuts dragging on sentiment, while banking heavyweights HDFC Bank and ICICI Bank … Read more
The U.S. dollar rose to a more than two-week high against the yen on Monday at the start of a packed week of global trade negotiations and central bank meetings. U.S. President Donald Trump visits Japan from Monday and will hold a summit the following day with the nation’s new prime minister, Sanae Takaichi. Soon … Read more
The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists … Read more
The yen edged lower on Friday, trimming its sharpest weekly gain in more than four months, as traders considered the impact of potential rate increases by the Bank of Japan and a leadership election this weekend. BOJ Governor Kazuo Ueda reiterated that the central bank would continue raising interest rates if the economy and prices … Read more
new video loaded: What Are the Effects of a Government Shutdown? Ben Casselman, the chief economics correspondent for The New York Times, describes the economic effects of a government shutdown. By Ben Casselman, Claire Hogan and June Kim October 1, 2025 Source link