Fed pause baked in after “dovish” hike
(Reuters) – The U.S. Federal Reserve on Wednesday raised interest rates by a widely expected 25 basis points and dropped from its policy statement language saying that it “anticipates” further…
(Reuters) – The U.S. Federal Reserve on Wednesday raised interest rates by a widely expected 25 basis points and dropped from its policy statement language saying that it “anticipates” further…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed on Wednesday delivered what markets are convinced will be the last…
NEW YORK (Reuters) – U.S. interest rate futures on Wednesday have priced in a pause in Federal Reserve tightening at the June and July policy meetings, according to the CME’s…
(Reuters) -International Business Machines Corp expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -The Canadian economy grew less than expected in February from the previous month and is seen shrinking in March, data showed on…
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve officials remain set to raise interest rates at their May 2-3 meeting but key data between now and then, particularly a…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Whisper it, but Wednesday could be a pretty quiet day in Asia after…
Biden’s Student Loan Pause Benefited The Richest Borrowers, Expert Says Alexa Schwerha on April 13, 2023 The long-lasting extension of student loan repayment freeze is benefiting wealthier borrowers, according to…
MANILA (Reuters) – The Philippines’ central bank could pause its interest rate- hiking cycle at its meeting next month due to easing inflation, its governor said on Wednesday. “We are…
Biden DOJ Files To Pause Judge’s Block On Abortion Pill FDA Approval: ‘Extraordinary And Unprecedented’ Katelynn Richardson on April 10, 2023 The Biden administration filed an emergency motion Monday to…
By Gabriel Burin BUENOS AIRES (Reuters) – Colombia’s peso will likely stay weak on signs the central bank is turning to a wait-and-see approach on interest rates, combined with downside…
By Kevin Buckland A look at the day ahead in European and global markets from Kevin Buckland Asian investors continued to weigh the impact of OPEC+’s surprise weekend decision to…
(Reuters) – Commonwealth Bank of Australia (CBA) expects the country’s central bank to pull brakes next week on one of the most aggressive tightening cycles in decades as data signalled…
Netanyahu Hits Pause On Judicial Reform Amid Protests Kate Anderson on March 27, 2023 Israel’s Prime Minister Benjamin Netanyahu announced Monday that he would pause advancing legislation on judicial reform…
MANILA (Reuters) – Philippines Finance Secretary Benjamin Diokno said on Sunday he believed that the central bank was leaning towards a pause in interest rate rises at its next monetary…
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that officials considered not raising interest rates at its meeting due to banking system stress following the collapse…
Visa, MasterCard Pause Work On Code Aimed At Tracking Gun Purchases Bronson Winslow on March 9, 2023 Visa and MasterCard have paused efforts to implement a merchant code that would…
(Reuters) – Visa Inc and Mastercard Inc have decided to pause implementing a plan that would track transactions at firearms and ammunition stores, Bloomberg News reported on Thursday, citing people…
PALO ALTO, California (Reuters) – Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he does not understand the case for pausing interest rates now, although delivering rate…
SYDNEY, Feb 21 (Reuters) – Australia’s central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its February policy meeting…
(Reuters) – Most Asian bonds witnessed foreign inflows in January, driven by hopes that the U.S. Federal Reserve would slow down the pace of its monetary tightening as inflation worries…
TRENTON, NJ – In just over a year, South Jersey resident Ed Durr has gone from truck driver to a watchful eye in the Democrat-controlled New Jersey legislature. Today, Durr…
By Blake Brittain (Reuters) – Samsung Electronics Co failed to convince an East Texas federal court on Friday to pause the California Institute of Technology’s high-stakes patent lawsuit against it…
By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will end its tightening cycle after a 25-basis-point hike at each of its next two policy meetings and then likely…