Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage of Thursday’s (Feb 12) sharp sell-off to…
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Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage of Thursday’s (Feb 12) sharp sell-off to…
The S&P 500 closed barely higher on Friday (Feb 13), with technology and communications services down on nagging fears of artificial intelligence (AI)-disruption but equities drew…
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans grappling with the sharp…
Wall Street’s main indexes were muted on Friday (Feb 14), with communication services weighing as markets assessed softer-than-expected inflation data that kept Federal Reserve rate cut…
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and…
Americans lived through the worst bout of inflation in about 40 years at the start of this decade, but the sting of higher prices differed significantly depending on where you live. Even…
Wall Street’s main indexes closed lower on Friday (Jan 30) as investors viewed US President Donald Trump’s nomination of former Federal Reserve governor Kevin Warsh as a hawkish…
The US Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and giving little indication in its latest policy…
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to continue hiking still-low borrowing costs. As…
LGT Private Banking’s Stefan Hofer cautions that market volatility will be ‘much higher’ this year A resurgence in US inflation – rather than geopolitical flashpoints or political rhetoric…
The Bank of Japan is expected to raise its growth forecast on Friday (Jan 20) and signal its readiness to hike interest rates further, as recent yen falls and prospects of solid wage gains…
Carolina Castiglioni is offering her own take on inflation, one that the loyal — and increasing — crop of fans of her Plan C brand will be happy to embrace. The designer has breathed fresh…
Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming policy meeting, citing a labour market that appears…
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90 mark, as softer-than-expected US inflation readings…
The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of rate cuts this year, while investors weighed mixed…
The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end to its easing…
An acceleration in inflation over the third quarter led the RBA board to warn in December A top Australian central banker said on Thursday (Jan 8) that a slowdown in consumer price…
If footwear firms thought 2025 would be challenging under a new presidential administration, they weren’t wrong. The year was fraught with many competing concerns and much uncertainty,…
Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and headline inflation for November. Core inflation, which…
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s central bank this month considered whether a rise in…
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure and retain talent as the country’s workers grapple…
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped soothe…
FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it should help open the door for more interest rate…
EUROPEAN shares made broad-based gains on Thursday, with lower-than-expected US inflation strengthening hopes for Federal Reserve interest rate cuts in 2026 and the European Central Bank…