Global body warns Australia on interest rates, NDIS Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia. AAP · May 2, 2024
UK will be worst performer in G7 next year, OECD forecasts UK constrained by high interest rates, price rises and staff shortages but thinktank offers optimistic outlook for global economy The Guardian - UK · May 2, 2024
UK to be slowest-growing G7 economy next year, warns OECD – as it happened Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 The Guardian - UK · May 2, 2024
FOMC Maintains Rates, Plans To Reduce Balance Sheet FOMC maintains interest rates, slows balance sheet reduction to support economy and financial stability. Top News · May 2, 2024
Yen Slips After Rallying On Suspected Intervention, Stocks Mixed The yen weakened Thursday following another surge against the dollar that fuelled speculation Japanese authorities had intervened for a second time this week, after Federal Reserve boss Jerome Powell warned interest rates would stay higher for longer. International Business Times · May 2, 2024
Federal Reserve To Significantly Curtail Quantitative Tightening Program Learn about the Federal Reserve's decision to reduce the quantitative tightening program and its impact on Treasury yields and market liquidity. Top News · May 2, 2024
US Fed keeps interest rates at 23-year high amid stubborn inflation US central bank keeps benchmark rate at 5.25-5.50% after series of economic reports undercut hopes of easing inflation. Al Jazeera · May 2, 2024
Stocks Pressured on the Prospect of Higher for Longer Interest Rates The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.70%. US stock indexes Wednesday settled mixed. Stock prices whipsawed higher Wednesday afternoon after bond... Barchart · May 1, 2024
Stock Market Today: Stocks Pop Then Drop After Fed Meeting Stocks went on a roller-coaster ride after Fed Chair Powell said interest rates were likely at a sufficiently restrictive level. Kiplinger · May 1, 2024
Fed Holds Rates Steady at 23-Year High: What the Experts Are Saying The Federal Reserve struck a dovish pose even as it kept interest rates unchanged for a sixth straight meeting. Kiplinger · May 1, 2024
Savers Reap Benefits As Federal Reserve Holds Interest Rates Learn how the Federal Reserve's decision not to cut interest rates benefits savers and leads to a significant increase in interest earnings in deposit acco... Top News · May 1, 2024
US Markets Surge After Powell Signals No More Rate Hikes Federal Reserve Chair Jerome Powell's comments on interest rates led to a surge in US markets, reflecting the significance of central bank policy in shapin... Top News · May 1, 2024
US Federal Reserve holds interest rates steady as inflation ticks up Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2% The Guardian - US · May 1, 2024
Federal Reserve Holds Interest Rates Amid Rising Inflation Concerns Federal Reserve maintains interest rates due to inflation concerns, balancing growth and stability. Top News · May 1, 2024
WEKU · May 1, 2024 Fed keeps interest rates at 23-year high The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
Barchart · May 1, 2024 Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. PMI and Jobs Data on Tap June S&P 500 E-Mini futures (ESM24) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.73% this morning as mixed earnings and the prospect of higher-for-longer U.S. interest rates weighed on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.
Barchart · May 1, 2024 Stock Index Futures Slip as Fed Rate Decision Looms, U.S. Jobs Data on Tap June S&P 500 E-Mini futures (ESM24) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as the prospect of higher-for-longer U.S. interest rates continued to weigh on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.
Barchart · May 1, 2024 Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. Jobs Data on Tap June S&P 500 E-Mini futures (ESM24) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as the prospect of higher-for-longer U.S. interest rates continued to weigh on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.
International Business Times · May 1, 2024 US Fed Likely To Keep Rates Steady As Hopes Of Early Cuts Fade The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday, with a summer start to cuts looking less likely owing to stubborn inflation.
Top News · May 1, 2024 Fed To Maintain Rates Amid Inflation Concerns The Federal Reserve opts to maintain interest rates unchanged amidst inflation concerns and global economic uncertainties.
International Business Times · May 1, 2024 Asian Markets Track Wall St Down Ahead Of Fed Decision Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.
Barchart · Apr 30, 2024 Stocks Sink on Concern the Fed Will Keep Interest Rates Higher for Longer The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.92%. US stock indexes Tuesday finished sharply lower. Signs of persistent wage pressure pushed bond...
The Guardian - AU · Apr 30, 2024 Inflation in Australia is still stubbornly high. Will the RBA raise interest rates again? With hopes for a rate cut gone, there is speculation of another rise before the end of 2024. What factors will sway the Reserve Bank’s decision?
The Guardian - UK · Apr 30, 2024 Eurozone escapes recession; UK mortgage approvals hit 18-month high – as it happened Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction
Al Jazeera · Apr 30, 2024 Why is Japan’s yen falling and why is it so weak against the US dollar? The weakness of the Japanese currency is back in the spotlight after sinking to its lowest level since April 1990.