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1 hour ago · Ahead of next week's data, the market will get minutes of the Fed's April 30-May 1 monetary policy meeting, which investors will scrutinise for further clarity on the central bank's thinking. Fed Chair Jerome Powell, in his press briefing after the Fed held rates steady at that meeting, ruled out rate hikes.
1 day ago · Published May 21, 2024 4:41pm. FILE PHOTO/AFP. The Philippine peso depreciated to the P58:$1 level on Tuesday to mark its worst showing in over 18 months, as regional currencies softened after recent signals of a delayed rate cut by the Federal Reserve. The local currency shed 37 centavos to close at P58.27:$1 from Monday’s finish of P57.68:$1.
10 hours ago · NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday in a choppy session, after Federal Reserve Governor Christopher Waller reiterated that rate hikes are unlikely at this point since inflation looks like it is on its way to meeting the central bank’s 2% target. Against other currencies, the greenback was mostly ...
2 hours ago · The policymakers spoke a day before the release of the minutes of the U.S. central bank's April 30-May 1 meeting, a key readout of a gathering that ended with officials feeling - in the words of Fed Chair Jerome Powell - that it "will take longer than previously expected" for them to have sufficient confidence in falling inflation to cut rates.
4 hours ago · A group including the New York City pension funds filed a notice on Monday urging others to vote against Tesla CEO Elon Musk’s $46 billion stock-option package at the company’s shareholder ...
1 day ago · The JSE pared losses on Tuesday, closing weaker amid mixed global peers as investors assessed comments from Federal Reserve officials. In his prepared remarks for an appearance before the Peterson ...
1 day ago · The JSE pared losses on Tuesday, closing weaker amid mixed global peers as investors assessed comments from Federal Reserve officials. In his prepared remarks for an appearance before the Peterson ...
