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Search Result for “Federal Reserve”

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WORLD

Stock markets mixed as trading year nears end

AFP, Published on 29/12/2023

» NEW YORK - Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.

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WORLD

Global stocks mostly rise as ECB, BoE press pause after Fed pivot

AFP, Published on 15/12/2023

» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.

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GENERAL

US consumer inflation slows in November

AFP, Published on 12/12/2023

» WASHINGTON - Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

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WORLD

Stocks diverge at start of key week for rate calls

AFP, Published on 11/12/2023

» LONDON - Stock markets diverged on Monday ahead of a busy week for interest rate decisions from major central banks.

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WORLD

US economic uncertainty means bigger 'Black Friday' discounts

AFP, Published on 24/11/2023

» NEW YORK - The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber Monday."

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GENERAL

Tanking Alibaba drags Hong Kong as markets rally fades

AFP, Published on 17/11/2023

» HONG KONG - Hong Kong led losses in Asian stock markets on Friday as Alibaba was hammered after saying it would cancel the planned spinoff of its cloud computing arm.

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GENERAL

UK inflation falls sharply

AFP, Published on 15/11/2023

» LONDON - UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak.

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WORLD

US Fed keeps interest rates at 22-year high

AFP, Published on 02/11/2023

» WASHINGTON - The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy.

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GENERAL

Global stocks edge higher but oil sinks

AFP, Published on 05/10/2023

» LONDON - Asian and European stocks rose on Thursday after modest Wall Street gains as investors kept a wary eye on US bond yields, while oil sank further on stubborn demand fears.

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INVESTMENT

Global stocks mixed as markets struggle to rebound

AFP, Published on 05/10/2023

» NEW YORK - Global stocks were mixed Wednesday as investors sought to rebound following the prior session's big drop as oil prices moved sharply lower.