Thursday 2 May 2024
 
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Federal interest hike

US Fed gives no certainties on rate hike

US Federal Reserve chair Janet Yellen said she was "looking forward" to an interest rate hike, but didn't indicate if it would be warranted at the Fed December meeting. She added that a US interest rate rise will be

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Asia stocks slip as Fed sees hike by year-end

Asian shares edged lower and the dollar stood tall on Thursday, after the US Federal Reserve rekindled market expectations that it might still be on track to raise interest rates by year-end. US Treasury yields and the dollar rose

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Asia stocks rise on fading Fed hike prospect

Asian stocks rose early on Monday after the prospect of an imminent interest rate hike by the Federal Reserve faded after Friday's weaker-than-expected US employment data. US stock indexes jumped over 1 per cent on Friday as w

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Dollar frozen ahead of Fed rate decision

World share markets rose on Wednesday, albeit in thin volume, and short-term US bond yields held near 4 1/2-year highs as investors braced for the possibility of the first interest rate hike in the United States in almost a decade.

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