Federal Reserve
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Business
Stocks fall, US dollar strengthens after Powell cools Dec rate cut hopes
Markets were pricing in a roughly 85% chance of a December cut, which stumbled to about 65% following Jerome Powell’s…
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Business
Divided US Fed backs second quarter-point rate cut of 2025
Federal Reserve chairman Jerome Powell speaks at a news conference after the FOMC meeting in Washington. (AP pic) WASHINGTON: The…
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Business
Trump again targets Fed’s Powell on interest rate cuts
US President Donald Trump attacks Federal Reserve chief Jerome Powell for not cutting rates, saying the Fed lags Europe and…
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Business
Dollar on backfoot ahead of expected Fed cut, Aussie gains on CPI
The US dollar index steadied after two days of losses ahead of the meeting between US President Donald Trump and…
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Business
Ringgit extends gains ahead of key FOMC decision
The local note opens higher at 4.1870/4.2065 on expectations of a 25-basis-point US Federal Reserve rate cut.
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Business
Stocks hit record high on tech rally as Fed, earnings eyed
US stocks closed at another record, supported by Microsoft’s 2% gain after a deal granting it a 27% stake in…
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Business
Dollar soft as traders brace for Trump-Xi, central bank meetings
Investors have kept a wary eye on President Donald Trump’s Asia tour, hoping for a potential trade deal with China.…
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Business
Wall Street stocks hit fresh records on easing US-China worries
Monday’s upbeat session also saw strong gains by Microsoft, Meta, and other tech giants ahead of earnings later in the…
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Business
Bursa tracks Wall Street’s positive sentiment to open higher
KUALA LUMPUR: Bursa Malaysia opened higher today, supported by persistent buying interest in heavyweights across the board and continued optimism…
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Business
Ringgit opens higher against dollar ahead of FOMC meeting
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open…
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