Economy News Fed, Boj Dominate Rate Week For Almost Half The Global Economy

Treasury Yields, Dollar Rise on Fed’s Hawkish Tone

1543 ET – Treasury yields rise in the wake of the Fed’s interest rate cut and Chair Powell’s push back against markets expectations of another trim in December. The dollar gets support from higher ... Read More

Yen weakens after BOJ holds rates steady, Fed boosts dollar

NEW YORK (Reuters) -The Japanese yen tumbled against the U.S. dollar on Thursday after the Bank of Japan adopted a less hawkish tone than traders expected, while the greenback was boosted after ... Read More

Inflation remained well above the Fed's target in September ahead of rate cut decision

Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate move. The Bureau ... Read More

Future Fed Rate Cuts ‘Far’ From Certain After Divided Meeting

The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explains the central bank’s ... Read More

Stocks falls on megacap drag, yen stumbles after BOJ announcement

NEW YORK, Oct 30 (Reuters) - Global shares dropped on Thursday and were set for their biggest daily decline in three weeks, weighed down by megacaps Microsoft and Meta, while the dollar rose against ... Read More

Bitcoin Bid, XRP Retakes 200-Day Average as Fed Rate Cut Looms; 'Mag 7' Earnings, Trump-Xi Summit Eyed

Major cryptocurrencies are trading higher, with key events, including Federal Reserve (Fed) and Bank of Japan (BOJ) rate decisions, and earnings reports from influential Mag 7 stocks lined up for the ... Read More