Central banking
Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
Key Points Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag. Whereas traders as recently as a few days ago were pricing in at least a 2-to-1 probability of a quarter percentage point cut, that’s now flipped to a coin toss. As […]
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Asia markets mostly rise as Dow tops 48,000 for first time; traders eye U.S. government reopening
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week. Japan’s benchmark Nikkei 225 index […]
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Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts
Key Points Boston Fed President Susan Collins said she will be reluctant to support further rate cuts anytime soon with inflation still high and policymakers hampered by a lack of data. “I see several reasons to have a relatively high bar for additional easing in the near term,” said Collins, a voter this year on […]
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Asia-Pacific markets set to open mixed after Wall Street gains on revived AI trade
A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained […]
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Miran says half-point cut ‘appropriate’ for December, but Fed should at least reduce by a quarter point
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephan Miran on Monday advocated for further interest rate cuts as a way stave off a potential economic softening ahead. In a CNBC interview, the central bank official held to his belief that […]
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Japan’s declining real wages upend Prime Minister Takaichi’s ‘Abenomics’ as inflation shrinks wallets
Japan’s Prime Minister Sanae Takaichi answers questions from Yoshihiko Noda, leader of the main opposition Constitutional Democratic Party of Japan (CDP), regarding her policy speech at the House of Representatives of the National Diet in Tokyo on November 4, 2025. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images) Kazuhiro Nogi […]
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Asia-Pacific markets set to open lower, tracking Wall Street losses as AI stocks resume slump
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street declines on persistent concerns over lofty valuations in artificial intelligence stocks. Shares of major AI companies fell Thursday stateside, weighing down on the […]
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Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks. Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai‘s market debut in Hong Kong later in the day. Both companies are already listed in […]
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Powell forced to stave off uprisings in markets and on his own Fed board as his term ends
Key Points Fed Chair Jerome Powell will have to steer his way through a suddenly very contentious atmosphere among policymakers that will make whichever direction the Fed chooses divisive. While Wall Street economists were split over whether the FOMC will in fact approve another reduction at the Dec. 9-10 meeting, they were in agreement that […]
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European Central Bank holds rates steady as economy shows resilience
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was […]
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