Tag: Fed
Wall Street indexes notch record high closes, investors bet rate cut
Wall Street’s three main indexes scored record high closes on Tuesday, while UnitedHealth rallied, and a downward payrolls revision supported expectations the Federal Reserve...
Dollar firm as geopolitics heat up; investors await US inflation data
LONDON — The dollar held steady on Wednesday ahead of US inflation data this week that could help shape the outlook forFederal Reservepolicy, while...
Oil rises as Ukraine war stokes supply worries, market eyes prospects of Fed easing
Oil prices rose on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine, and as the...
US consumer spending strong; core inflation warmer on services
WASHINGTON — US consumer spending increased by the most in four months in July while services inflation picked up, but economists did not believe...
Trump says he is firing Fed’s Cook over mortgage loan allegations
NEW YORK/WASHINGTON — US President Donald Trump on Monday (Tuesday PH time) said he was
firing Federal Reserve Governor Lisa Cook over alleged improprieties in...
