Tag: Fed
Dollar tumbles as Powell signals possible September rate cut
NEW YORK — The dollar dropped broadly on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central...
TREASURIES-US yields plummet as Fed’s Powell opens door to September rate cut
NEW YORK — US Treasury yields sank on Friday after Federal Reserve Chair Jerome Powell alluded to a possible interest rate cut at the...
BSP to cut rates by 25 bps on Aug 28 – analysts
The Bangko Sentral ng Pilipinas (BSP) is expected to reduce its key overnight rate by 25 basis points (bps) this week, bringing the policy...
STOCKS: Caution keeps market flat amid Fed uncertainty
Philippine shares closed little changed after a volatile session on Wednesday as caution prevailed in the end among traders awaiting clarity on the next...
Dollar strengthens ahead of Jackson Hole, kiwi drops on dovish RBNZ
TOKYO — The US dollar gained for a third straight session on Wednesday against the euro and sterling as traders awaited the Federal Reserve’s...
