Gold hits another record high on Fed rate cut bets

Gold hits another record high on Fed rate cut bets

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.
US Fed expected to keep rates on hold and debate timing of cuts

US Fed expected to keep rates on hold and debate timing of cuts

The US Federal Reserve could provide additional clues on Wednesday about how much it will cut interest rates this year, but it is almost certain to leave its key lending rate unchanged for the time being.
US Fed's favored inflation gauge falls, but price pressures remain

US Fed's favored inflation gauge falls, but price pressures remain

The US central bank's favored measure of inflation edged lower on an annual basis in January, government data showed Thursday, but a metric stripping out volatile food and energy prices jumped month-over-month.
US dollar dominance not under threat, despite risks: Fed official

US dollar dominance not under threat, despite risks: Fed official

The status of the US dollar as the world's reserve currency is likely to continue, despite threats posed by China's rise and the growth of cryptocurrencies, a US Federal Reserve official said Thursday.
Experts share mixed sentiments on forex in 2024

Experts share mixed sentiments on forex in 2024

Volatility is likely to continue in the forex market.
ECB to signal no rush to cut interest rates

ECB to signal no rush to cut interest rates

European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.
US Fed official says 'premature' to expect rate cuts soon

US Fed official says 'premature' to expect rate cuts soon

The US Federal Reserve's fight against inflation is far from over and it is "premature" to expect rate cuts around the corner, a senior US central bank official said Friday.
US Fed rate cuts could come before third quarter: official

US Fed rate cuts could come before third quarter: official

The US Federal Reserve could begin cutting interest rates "sooner than the third quarter" of this year, a voting member of the central bank's rate-setting committee said Thursday.
Asian stocks trade higher on Fed rate hopes

Asian stocks trade higher on Fed rate hopes

Asian stocks were largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year.
Soothed pressure on VND-USD exchange prospects

Soothed pressure on VND-USD exchange prospects

The VND-US dollar exchange rate is expected to be on an even keel in the forthcoming time amid abated influencers both at home and abroad.
Asian markets bounce with Wall St as US data fans rate-cut bets

Asian markets bounce with Wall St as US data fans rate-cut bets

Asian markets pressed ahead with their rally Friday as another round of US data further stoked expectations that the Federal Reserve will cut interest rates more than it has indicated next year.
Markets mixed as Fed minutes hint rates to stay higher for longer

Markets mixed as Fed minutes hint rates to stay higher for longer

Asian markets drifted Wednesday as traders tracked a tepid lead from Wall Street following meeting minutes showing Federal Reserve officials were inclined to keep interest rates elevated for "some time" in order to slay inflation.
Inward remittance likely to spike towards year-end

Inward remittance likely to spike towards year-end

Inward remittance are predicted to rise further in the next few months.
US Fed likely to hold rates again despite strong economic growth

US Fed likely to hold rates again despite strong economic growth

The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.
US Fed members disagreed over whether to raise rates, minutes show

US Fed members disagreed over whether to raise rates, minutes show

A couple of Federal Reserve officials would have backed pausing US interest rate hikes last month, but ultimately supported another increase to tackle high inflation, according to minutes of the meeting published Wednesday.
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