Divided Fed approves third rate cut this year, sees slower pace ahead

Divided Fed approves third rate cut this year, sees slower pace ahead

A  Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between … Read more

The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect

The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect

The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what’s ahead. Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that’s the case, it will take the Fed’s … Read more

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions … Read more

AI stock rally may be driven by fear of missing out, but strategists say hold tight

AI stock rally may be driven by fear of missing out, but strategists say hold tight

A television broadcasts crypto market news at the Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images AI-related equity valuations may be driven by fear of missing out, known as FOMO — but now’s not the time to get cold feet, according to strategists. Global equities are at … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December mostly in the red Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve … Read more

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets rose Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. Expectations … Read more

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent  and hopes of a Fed rate cut. Optimism about Alphabet’s … Read more

One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images Communication at the Federal Reserve, particularly at the highest levels, rarely happens by … Read more

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC. Alex Wong | Getty Images Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in … Read more