Asian markets mixed as Fed cuts rates, BOJ stays unchanged

2019-09-18

Asian markets were mixed in early trading Thursday, as the Bank of Japan kept its ultra-easy monetary policy unchanged following the U.S. Federal Reserve’s interest-rate cut. The BOJ’s move — or lack thereof — was expected, though the central bank hinted that could cut interest rates even deeper into negativeRead More →

The Fed should heed the bond market and slash interest rates

2019-08-23

The yield curve has inverted, and that’s vital information for the Fed. This week’s main event takes place on Friday, when Federal Reserve Chairman Jerome Powell kicks off the Kansas City Fed’s annual economic symposium in Jackson Hole, Wyo. Financial markets will be listening closely for hints about the near-termRead More →

Europe stocks edge lower in first reaction to Fed minutes

2019-08-22

European stocks drifted lower on Thursday, after indications that the Federal Reserve last month wasn’t aggressively looking to cut interest rates. Down 2.6% for August heading into the day, the Stoxx Europe 600 SXXP, -0.18%  weakened 0.26% to 374.81. The German DAX DAX, +0.08%   dropped 0.18% to 11781.29, theRead More →

Gold prices retreat ahead of Fed minutes

2019-08-21

Gold futures pulled back on Thursday, ahead of the release of minutes of the Federal Reserve’s policy setting meeting on July 30-31 meeting which could provide further clues on the direction of monetary policy. Gold for December delivery GCZ19, -0.19%  was off $3.60, or 0.2%, at $1,512.10 an ounce, afterRead More →

Trump says he wants more than ‘small’ Fed rate cut

2019-07-29

Associated Press President Donald Trump has been pressing for easier Fed policy since last fall. President Donald Trump on Monday made it clear that he wants more than a quarter-point interest rate cut from the Federal Reserve. “A small rate cut is not enough,” Trump wrote on Twitter on Monday.Read More →

Five things to watch from this week’s crucial Fed meeting

2019-07-29

Bloomberg News/Landov Fed Chairman Jerome Powell at his news conference following the Federal Open Market Committee (FOMC) meeting last month. Economists are broadly expecting the Federal Reserve to lower its benchmark interest rate this week by a quarter-point, the first cut in 10 years. With an easing seemingly a faitRead More →