Tag: Financial services
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
WASHINGTON -- President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged...
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
TOKYO -- The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at...
Stock market today: Asian shares track Wall St's strong finish ahead of Trump's inauguration
BANGKOK -- Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S....
How major US stock indexes fared Wednesday, 1/15/2025
U.S. stocks ripped higher after an encouraging update on U.S. inflation.The S&P 500 jumped 1.8% for its best day in two months Wednesday....
JPMorgan posts record annual profits as US banks thrive in final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall...
UK inflation unexpectedly eases in December, which could reduce bond markets pressure
LONDON -- Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to...