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2024-05-02 09:49:41
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Federal Reserve Maintains Two-Decade High Interest Rates Amid Stubborn Inflation
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#2140b79c ver:1.02

The Federal Reserve maintains two-decade high interest rates due to stubborn inflation, keeping rates steady at 5.25% to 5.5%. The decision reflects a shift from previous projections of rate reductions, potentially impacting President Biden's re-election bid. Despite a healthy economy and strong hiring, concerns about stagflation persist. The Fed expresses optimism that inflation will decrease, but cautious approach continues. The Fed also announces a slower pace of unwinding COVID-era policies. Wall Street initially reacts positively, but stock prices later erase gains. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending

https://here.news/story/2140b79c?ver=1.02


President Biden Criticizes Japan, China, and India for Xenophobia and Economic Struggles
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#99e2f5f5 ver:0.19

President Biden criticizes Japan, China, and India for xenophobia and economic struggles, stating that migration has been beneficial for the US economy. He argues that these countries' reluctance to welcome immigrants is hindering their growth. The International Monetary Fund predicts slower growth for Japan and India in 2024. Biden's comments come as he seeks to strengthen relations with Japan and India to counter China and Russia. #Biden #xenophobia #economicstruggles #migration...

#newstr #JoeBiden #China #Japan #India #Xenophobia #Migration #Economy #InternationalMonetaryFund #Growth #LaborForce #PresidentialElection #Russia

https://here.news/story/99e2f5f5?ver=0.19


Over 40% of Americans View China as an Enemy, Reaching a Five-Year High
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#7df26c95 ver:0.51

Over 40% of Americans now view China as an enemy, the highest level in five years, according to a survey by Pew Research Center. Concerns over China's actions in the South China Sea and its support of Russia's assault on Ukraine have raised alarm in the Biden administration. The survey also reveals that 80% of Americans hold an unfavorable view of China, with Republicans and older generations harboring the most aggressive sentiments. Limiting China's power is seen as a top foreign policy priority by nearly half of the respondents. #China #USChinaRelations #ForeignPolicy...

#newstr #China #UschinaRelations #PublicOpinion #Survey

https://here.news/story/7df26c95?ver=0.51


Stocks Mixed After Fed With Apple Results in Focus: Markets Wrap
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#10d0212a ver:0.76

Stocks mixed as Asian markets resume trading after May Day holiday. Investors closely watching impact of Fed Chair Powell's comments on interest rates and inflation. Yen strengthens but weakens after surge, fueling speculation of Japanese intervention. Market focused on key economic indicators and movements in US trading. Hong Kong stocks rise, oil bounces back. Reassessment of global easing expectations. Apple's quarterly results and euro-area manufacturing data also in focus. #StockMarket #Fed #InterestRates #Inflation #Yen #EconomicIndicators #HongKong #Oil #Apple #EuroArea...

#newstr #StockMarket #FederalReserve #AppleInc #InterestRates

https://here.news/story/10d0212a?ver=0.76


Oil Prices Rebound on Prospect of US Replenishing Strategic Reserve Amid Middle East Ceasefire Prospects and Inflation Concerns
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#5ff93c9a ver:1.33

Oil prices rebound as US plans to replenish strategic reserve, Middle East ceasefire prospects, and inflation concerns drive up demand. Brent crude futures rise 0.6% to $83.92, while US WTI crude climbs 0.6% to $79.46. #OilPrices #USreserve #MiddleEast #Inflation #OPEC...

#newstr #OilPrices #UsStrategicReserve #MiddleEastCeasefire #InflationConcerns

https://here.news/story/5ff93c9a?ver=1.33


Asian Markets Sink as Wall Street Sell-Off Continues Amid Fed Uncertainty
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#080c8e6b ver:2.21

Asian markets sink as Wall Street sell-off continues amid Fed uncertainty. Labor cost data dampens hopes of rate cut, with bets reduced to one by January. Yen holds steady after hitting 34-year low against dollar. Oil prices slip on hopes for Gaza ceasefire. Traders cautious ahead of Fed decision. #AsianMarkets #WallStreet #FedUncertainty #LaborCosts #Yen #OilPrices #GazaCeasefire #FedDecision...

#newstr #AsianMarkets #WallStreet #FederalReserve #InterestRates #LaborCosts #Yen #ForexMarkets #OilPrices #GazaCeasefire

https://here.news/story/080c8e6b?ver=2.21


Gold Holds Steady as Federal Reserve Keeps Rates Unchanged
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#50bb159c ver:0.65

Gold prices hold steady as the Federal Reserve keeps interest rates unchanged, providing relief to traders and pushing gold prices back above $2,300. Lower interest rates increase the appeal of holding non-yielding bullion. Traders now await the US non-farm payrolls report for further market direction. #Gold #FederalReserve #InterestRates #NonFarmPayrolls...

#newstr #Gold #FederalReserve #InterestRates #NonfarmPayrolls

https://here.news/story/50bb159c?ver=0.65


Federal Reserve Holds Interest Rates Steady, Announces Reduction in Quantitative Tightening
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#4f691011 ver:0.61

The Federal Reserve holds interest rates steady and announces a reduction in quantitative tightening. Treasury yields fall ahead of the Fed meeting. Fed Chair Powell emphasizes cautious economic outlook. Credit traders take comfort in no further rate hikes. Fed's policy remains restrictive, but rate cut depends on inflation returning to target. Mixed trading in global markets. Gold price consolidates after Fed's decision. #FederalReserve #interestrates #quantitativetightening #economy #markets...

#newstr #FederalReserve #InterestRates #QuantitativeTightening #Inflation #Manufacturing #JobGrowth #LaborMarket #UsTreasury #FxMarkets #GlobalMarkets #Eur/usd #Gbp/usd #GoldPrice #Bitcoin #Altcoins

https://here.news/story/4f691011?ver=0.61

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