Tag #Federal Reserve

Showing 313 to 324 of 408 results

smh.com.au
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Fed's Reduced Rate Cut Projections Trigger Stock Market Dip

Following the Federal Reserve's announcement of fewer interest rate cuts in 2024 than previously expected, US stock indexes fell, with the S&P 500 dropping 0.3 percent, the Dow Jones losing 38 points, and the Nasdaq composite slipping 0.4 percent; the Australian dollar also fell sharply by 1.4 perce...

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en.yna.co.kr
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KOSPI Jumps 1.12% on Foreign Investment in Tech Stocks

On December 18th, Seoul's KOSPI index increased by 1.12 percent to 2,484.43, boosted by foreign investors buying tech stocks after a two-day decline; the Korean won strengthened against the US dollar, and bond yields fell.

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arabic.euronews.com
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US Markets Rise on Fed Rate Cut Anticipation

US stock markets saw gains led by technology, with the S&P 500 up 0.3%, Dow Jones up 0.2%, and Nasdaq up 0.5%; this is fueled by anticipation of a Fed interest rate cut on Wednesday and strong corporate earnings, while Asian and European markets showed slight declines.

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cnn.com
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Dow Jones Suffers Longest Losing Streak Since 1978

The Dow Jones Industrial Average is experiencing its longest losing streak since February 1978, currently at eight consecutive days, primarily due to UnitedHealthcare's significant losses and investor uncertainty surrounding President-elect Trump's policies; however, the Nasdaq is performing strongl...

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smh.com.au
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US Stocks Dip Slightly Amidst Record Highs, Nvidia Slowdown

US stock indexes fell slightly today, while the Australian market is poised for a small gain; Nvidia's stock declined sharply, contributing to the US downturn; fund managers hold low cash reserves, and the Federal Reserve may pause interest rate cuts based on recent economic data.

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abcnews.go.com
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Fed Signals Slower Pace of Interest Rate Cuts Amid Persistent Inflation

The Federal Reserve will likely lower its benchmark interest rate by 0.25 percentage points to approximately 4.3% on Wednesday, signaling a slower pace of future rate cuts due to persistent inflation above its target and a stronger-than-expected economy, despite having lowered the rate by a full poi...

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cnbc.com
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Fed Cuts Rates, Signals Slower Pace of Future Reductions

The Federal Reserve reduced interest rates by a quarter-point for the third time, but projected only two more quarter-point rate cuts in 2025, reflecting a more cautious approach due to persistent inflation and economic uncertainty.

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cnbc.com
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Mortgage Rates Rise, Demand Dips

Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.

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theglobeandmail.com
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Oil Prices Fall Amid Weak Chinese Data and Fed Rate Decision

Oil prices fell on Tuesday, with Brent crude at $73.13 and WTI at $69.88 per barrel, due to weak Chinese economic data, profit-taking, and investor caution ahead of the Fed's interest rate decision. The IEA projects a 950,000 bpd supply surplus next year.

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forbes.com
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Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025

The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.

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abcnews.go.com
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US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending

US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.

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abcnews.go.com
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Global Markets React to Weak Chinese Data, Bitcoin Surge

Asian and European markets fell Monday following weak Chinese economic data for November, while Bitcoin surged past \$106,000 amid expectations of lighter U.S. regulation under President-elect Trump; the U.S. dollar fell against the yen and euro.

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Showing 313 to 324 of 408 results