Fed Holds Rates Steady at 3.75% to 4%
The Federal Reserve voted 10-2 to keep its benchmark rate unchanged, saying the economy is growing at a “strong pace.” Jeffrey Gundlach said the central bank should have hiked, while others backed the pause.
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The Federal Reserve voted 10-2 to keep its benchmark rate unchanged, saying the economy is growing at a “strong pace.” Jeffrey Gundlach said the central bank should have hiked, while others backed the pause.
The Fed voted 10-2 to hold rates steady at 3.75% to 4%. Investors still expect rates to move higher in December.
US stocks edged higher after the Federal Reserve left interest rates unchanged and offered little guidance on whether policymakers would deliver another increase in December. The S&P 500 gained 0.3% following a volatile session. Oracle surged 11% after its long-term free cash flow outlook eased concerns about returns o
The Federal Reserve kept its benchmark interest rate within the current 3.75%-4… range on a 10-2 vote and said it would reduce its policy-meeting schedule starting next year.
The Federal Reserve kept its benchmark rate at 3.75%-4% on Wednesday, with a 10-2 vote. It said inflation remains elevated.
The Federal Reserve held interest rates steady on Wednesday. The FOMC approved its statement by a 10–2 vote.
The US Dollar Index remained little changed at 102.3 on Wednesday after the Federal Reserve kept interest rates unchanged, reaffirming its commitment to bringing inflation under control. However, policymakers offered no clear indication that another rate hike could be on the table at their next meeting in December. The
The Federal Reserve voted to hold rates, while dissenting voters favored a 25-basis-point increase.
Emera and Canadian Utilities will merge in a deal creating a Top 20 North American utility with approximately $72 billion in enterprise value, $45 billion in rate base, and six million customers. ATCO will spin off its industrial services business into a new publicly-traded company.
The company said the scheme document for the recommended acquisition by Tulip UK Bidco has been published. Court and general meetings are scheduled for 30 October 2026 in London.
XRP (CRYPTO: XRP) consolidates near $1.51 Thursday as Trump and Xi Jinping meet, with crypto commentator Cheeky Crypto arguing history says the summit likely won’t move the needle. Why Past Summits Haven’t Helped XRP The analyst laid out two prior cases where positive US-China outcomes failed to lift XRP: October 30, 2
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Asian markets advanced on Tuesday, led by technology stocks, as lower oil prices boosted sentiment and investors anticipated positive outcomes from US-Iran talks. The dollar held firm against the yen on expectations of further interest rate hikes.
The yen edged higher after last week's sharp drop spurred speculation of intervention, while investors assessed interest-rate outlooks following central bank hikes. Authorities are reportedly conducting rate checks, a precursor to potential intervention.
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BOJ votes 7-2 to hike by 25bps; Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales (Adds BOJ decision, updates markets) By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen sank against its major peers in As
The Federal Reserve lifted its benchmark interest rate to a 3.75% to 4% range in a unanimous vote on Wednesday, marking the first hike since July 2023. The move implies higher borrowing costs while boosting yields on cash and short-term fixed-income holdings.
Following the Federal Reserve’s decision to hike rates by 25 basis points, economist Justin Wolfers criticized President Donald Trump for threatening trade tariffs in response to central bank policy, stating the linkage “makes no economic sense.” Policy Defiance Wolfers highlighted the full consensus within the central
U.S. stock futures advanced on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close. In a unanimous vote, all 12 Federal Open Market Committee members approved a 25-basis-point increase in the federal funds rate, bringing the target range to 3.75%—4.00%. Amid the Middle Eas
Gold is having one of the best days of the year. The yellow metal has decisively broken the $4,200 per ounce barrier, signaling a likely close above the 50-day moving average — a key technical level. The last time such a cross occurred was nearly a year ago; gold traded around $3,350 before going on a generational run.
US launches airstrikes against Iran
Bob Iaccino analyzes the recent price action in September Nasdaq-100 futures, which fell 11.49% from their June 22 high to enter technical correction territory. The sharp decline accelerated toward the close of the session. He details the Federal Reserve's decision to hold the target rate at 3.5 to 3.75% in a 9-3 vote,