Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve rate cuts and the view that President-elect Donald Trump's policies could stoke U.
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Powell 'hedging bets' on inflation cuts
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Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Fed chair's comment makes rate cut 'uncertain' - 15 Nov 2024
A December Fed rate cut is uncertain after Chair Jerome Powell said that interest rates would come down slowly.
Traders are backing down on rate cut expectations, even though Powell said 'nothing new,' says economist
Traders in Fed funds futures are dialing back expectations for a December interest rate cut, even though Fed Chair Jerome Powell on Thursday only repeated an earlier message that there's no rush to lower rates.
Dollar set for big weekly gain as Powell sends yields up, China data mixed
The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...
Dollar dominates as Powell’s hawkish stance fuels market jitters
The US dollar stands tall, poised for its most significant weekly gain in months, buoyed by hawkish commentary from Powell ...
Powell’s Cautious Rate Cut Stance May Boost Dollar, Treasury Yields, Pressure Gold
Powell’s cautious rate stance may lift Treasury yields and strengthen the dollar, pressuring gold and stocks. See the ...
Stocks Dip, Dollar Advances After Data, Powell Comments
Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the ...
think4d
FX Daily: Powell keeps market cautious on the Fed
The dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any ...
The Gazette5d
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
Even before Powell spoke, producer prices data showed ... In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another ...
Post-election market rally fades as dollar surges and Fed chief mentions the 'i' word
The market cooled as Wall Street experienced a sharp reality check following Donald Trump's win in the presidential election.
US Dollar retreats and consolidates after Retail Sales and Powell's words
The US Dollar Index retreated slightly after reaching its highest point of the year. However, DXY remains in an uptrend, bolstered by cautious Fed rhetoric and strong economic data, which gives the ...
Glen Powell refuses to star in this billion-dollar franchise that’s the ‘worst gig in town’
Hollywood star Glen Powell has firmly shot down rumours that he could take over from Tom Cruise in the money-spinning action ...
Benzinga.com5d
Powell's Hawkish Remarks Shake Markets: Stocks Fall, Dollar Rockets, Bitcoin Dips
Powell's hawkish remarks pushed U.S. equity indices lower; the dollar rose for a fifth straight session. Markets adjusted expectations, lowering December rate cut odds from 80% to 58%. Federal ...
Channel NewsAsia Singapore4d
Stocks dip, dollar edges higher after US labor market, inflation data
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...