PCE inflation November 2024:
Prices barely moved in November but still held higher than the Federal Reserve’s target when looked at from a year ago, according to a Commerce Department measure released Friday. The…
An inflation gauge closely tracked by Bank of Japan jumps to seven-month high
Bags of rice sit stacked high in a supermarket in central Tokyo on November 22, 2024. Richard A. Brooks | Afp | Getty Images An inflation gauge in Japan that…
Here’s the full text of the policy statement the Federal Reserve released Wednesday
Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a solid pace. Since…
What to expect from global central banks in 2025 after Fed slows cuts
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the…
US Fed rate cut fuel running out: What it means for the Indian stock market and your investment strategy
In the stock markets, what lies ahead often matters more than what has already been done. If this sounds perplexing, consider the US Federal Reserve’s policy decision on December 18.…
Gold bounces back from Fed-induced slump to one-month low
Fed projects fewer rate cuts in 2025 Gold hits lowest since Nov. 18 earlier in the session Investors await US PCE data due on Friday (Updates with mid-session trading) Dec…
Wall Street today: US stock indices flat ahead of Federal Reserve’s final rate decision of 2024
US stock indices opened flat on Wednesday, as investors remained cautious ahead of the Federal Reserve’s final policy decision of this year. At the open, the Dow Jones Industrial Average…
2024 in Review: Nifty FMCG falls 15% from peak, set for first annual drop in 4 years
The FMCG sector faced a turbulent 2024, marked by considerable volatility. The year started on a weak note, with the sector declining by approximately 9% from January to March, as…
Wall Street today: US stocks slip after strong retail sales data
US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve’s interest rate decision following strong retail sales data, At the open, the Dow Jones Industrial Average…
Over 90% of market players expect BOJ to keep rates steady this week, survey shows
TOKYO, – Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week’s policy meeting, a survey by money market brokerage Ueda Yagi…