Morning Bid: Oil-fueled rally turns to Powell
Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the...
archiveGDP
UK think tank urges Hunt to invest in economy, not tax cuts
British Chancellor of the Exchequer Jeremy Hunt attends Britain's Conservative Party's annual conference in Manchester, Britain, October 2, 2023. REUTERS/Hannah...
Russian cenbank: capital controls may have reverse effect long-term, make rouble weaker
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: "Bank...
Sterling rises after best week in a year as dollar slide continues
UK pound coins plunge into water coloured with the European Union flag colours in this illustration picture, October 26, 2017....
Dollar steady but remains vulnerable after Fed steer
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Nov 6...
US labor market loosens as job gains slow, unemployment rate hits 3.9%
Nonfarm payrolls increase 150,000 in OctoberAuto strikes reduce payrolls by 33,000 jobsUnemployment rate rises to 3.9% from 3.8%Average hourly earnings...
Morning Bid: Stocks clocking best week of the year
A look at the day ahead in U.S. and global markets from Mike DolanMarkets are betting central banks are done...
Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign
Central bank's policy rate remains in 5.25%-5.50% rangeFed says economy grew at 'strong' pace in third quarterTraders add to bets that Fed is done raising ratesWASHINGTON, Nov 1 (Reuters) - The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may need still more restraint.Fed Chair Jerome Powell said the situation remained something of a riddle, with U.S. central bank officials willing to raise rates again...
Japan’s yen sinks broadly as BOJ policy adjustment seen inadequate
Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Bloomberg Weekend Reading: US Warns Israel It Needs an Endgame to the War
In past wars against Hamas, Israel moved quickly to invade Gaza, seeking to degrade the militant group’s ability to fire...
