Showing results for "#FOMC"
US Fed rate cut to drive stocks of AI companies: Experts
The AI sector – which is experiencing a dip - is primed for a significant rally, according to Nigel Green of deVere Group.
US economy shows robust 3Q growth despite challenges: JP Morgan report
The recent momentum is impressive, it's unlikely that the pace of third-quarter GDP growth can be maintained in the coming months and quarters.
Dollar firms, yen steady after Japan inflation holds above BOJ target
The data bolsters the chances the BOJ will revise up this year's inflation forecast in fresh projections due next week.
Aussie jumps on RBA hike, U.S. dollar edges higher
The U.S. dollar edged back towards last week's 2-1/2-month highs versus major peers, after dropping on Monday following unexpectedly soft U.S....
Investors expecting full Fed pivot may be putting cart before horse
Powell's admission that "the path ahead for inflation remains highly uncertain" means that rate hikes could be here for a while.
Gold falls Rs 80, silver declines Rs 180 on weak demand
Gold prices fell by Rs 80 to Rs 56,880 per 10 grams in the national capital on Monday due to weak local demand