Fed set to hold rates steady again Published 27 Apr, 2026 04:21am WASHINGTON: The US central bank is widely expected to keep interest rates unchanged at its policy meeting next week,...
Dollar under pressure as economic data in focus Published 13 Feb, 2026 06:04am NEW YORK: The US dollar edged lower against major currencies on Thursday as traders assessed a stream of economic...
Fed set to keep rates steady Published 26 Jan, 2026 05:38am WASHINGTON: The US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming...
Gold falls as easing geopolitical tensions dampen safe-haven demand Published 22 Jan, 2026 10:32am Spot gold was down nearly 1% to $4,793.63 per ounce
Canadian dollar hits six-week low Published 19 Jan, 2026 07:21am TORONTO: The Canadian dollar weakened to a six-week low against its US counterpart on Friday as investors weighed a...
Gulf markets in red on fading US rate cut hopes Published 17 Nov, 2025 07:17am DUBAI: Most stock markets in the Gulf ended lower on Sunday after hawkish Federal Reserve officials dimmed hopes for...
LatAm stocks fall as Fed cut hopes fade Published 17 Nov, 2025 07:08am BRASILIA: Latin American stocks dropped on Friday, echoing sour global market sentiment after hawkish comments from...
Gulf bourses mixed on weak earnings Published 04 Nov, 2025 05:55am DUBAI: Stock markets in the Gulf ended mixed on Monday, driven by underwhelming corporate earnings and diminished...
Gold definitely poised for another volatile week Updated 03 Nov, 2025 07:54am The Federal Reserve’s decision on interest rates was the highlight of the week in financial news. The wording...
Powell warns of inflation risks if US Fed cuts rates ‘too aggressively’ Published 24 Sep, 2025 03:45am WASHINGTON: US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could...
The trade of our time Published 18 Sep, 2025 06:43am Wednesday’s the worst day for an op-ed deadline if you like to write about Wall Street. For some reason, that’s...
Fed poised for first rate cut of 2025 Published 15 Sep, 2025 05:59am WASHINGTON: The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy...
Fed’s credibility on the line Updated 21 Jul, 2025 08:05am Following tariffs, the primary concern for the financial industry is the autonomy of the Federal Reserve. This is ...
US Fed minutes show divide on rate cut pace, tariff impacts Published 10 Jul, 2025 01:02am WASHINGTON: US central bank officials have divergent views on cutting interest rates this year, with continued...
Fed set to hold rates steady in the face of Trump pressure Published 16 Jun, 2025 06:25am WASHINGTON: The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting...
US tariffs may hamper efforts to cool inflation: Fed official Published 03 Jun, 2025 11:51pm WASHINGTON: Shifts in US trade policy could hold back further progress in lowering inflation, a senior US central...
Financial markets likely to be influenced by ongoing geopolitical issues Updated 02 Jun, 2025 07:44am The Federal Reserve’s preferred measure, the US April core Personal Consumption Expenditure (PCE) price index,...
Trump summons Powell, tells him he’s making a mistake on rates Published 30 May, 2025 06:03am WASHINGTON: US President Donald Trump called Federal Reserve Chair Jerome Powell to the White House on Thursday for...
US-China trade truce Updated 19 May, 2025 07:29am Ultimately, there is a 90-day pause on tariff-related matters between the US and China, which has introduced a ...
Fed May pause cuts again and wait for clarity on tariffs Published 05 May, 2025 06:14am WASHINGTON: The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to...
US tariffs could push up inflation, slow growth: Fed official Published 04 Apr, 2025 01:04am WASHINGTON: The trade uncertainty fueled by recent tariffs will likely raise the risks of higher inflation and...
Yen has weakened due to tariff-related concerns Published 31 Mar, 2025 04:08am The activity in the foreign exchange market wrapped up on a lackluster note, failing to establish any clear...
Fed keeps policy rate outlook intact Published 20 Mar, 2025 05:30am WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but US central bank...
Fed likely to keep rates steady Published 17 Mar, 2025 05:29am WASHINGTON: The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this...
Too late to buy gold? Published 27 Feb, 2025 06:44am Gold’s relentless climb toward record highs is no mystery for Mr Market. In a world where financial markets are...
Dollar strengthens after strong retail data Published 18 Dec, 2024 06:37am NEW YORK: The US dollar strengthened against major currencies on Tuesday following better-than-expected retail sales...
Asian currencies: Indonesian rupiah, Thai baht slip Published 18 Dec, 2024 06:37am BENGALURU: Asian equities fell and the Indonesian rupiah and the Thai baht led losses among currencies on Tuesday, ...
Fed may cut rates in last meeting of Biden era Published 16 Dec, 2024 06:08am WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on...
Dollar little changed after CPI Published 12 Dec, 2024 06:50am NEW YORK: The dollar was little changed on Wednesday after US price data came in line with forecasts, reinforcing...
Fed’s favoured inflation gauge ticks up in October Published 28 Nov, 2024 05:45am WASHINGTON: US inflation — set to be a key issue for incoming president Donald Trump — accelerated slightly last...