U.S. stock index futures held steady during Asian trading hours as investors assessed Federal Reserve Chair Jerome Powell’s remarks on interest rates ahead of key inflation data due later in the day.
Hong Kong stocks rose on Thursday to refresh a four-month high, as gains in Chinese technology stocks countered waning bets on interest-rate cuts by the Federal Reserve after a hot inflation reading.
US Treasury yields moved significantly higher due to a number of factors. Click here to read the full commentary.
HONG KONG : The Hong Kong ... rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate.
Bond yields climbed after Federal Reserve Chair Jerome Powell signaled patience before cutting interest rates further and as investors look ahead to the upcoming CPI data. Treasuries fell across ...
HONG KONG (Reuters ... interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate.
The surprisingly hot inflation number ... and tariffs — has pushed Fed officials into a more cautious wait-and-see mode with regard to monetary policy. Hong Kong's Hang Seng jumped 2.6% to ...
This was up from 2.9% in December, and wrong-footed economists who had expected inflation to hold steady. The move higher comes as bad news for Donald Trump’s desire for lower interest rates from the ...
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