Wall Street falls after Fed leaves interest rates unchanged
All three major Wall Street indexes closed sharply lower after the U.S. Federal Reserve announced it was leaving its key interest rate unchanged.
Business
New Fed chief not seen as threatening Fed independence
The US Federal Reserve (Fed) appears to have parried the Trump administration's attempts to influence monetary policy and threats of interest rate cuts for the time being. The Fed's independence is not under acute threat, according to SEB's US economist Elisabeth Kopelman.
Business
Disagreement as US policy rate left unchanged
The US Federal Reserve (Fed) is leaving the US benchmark interest rate unchanged in the range of 3.50-3.75 percent, as expected, Bloomberg reports. However, the decision was made with the widest disagreement in over three decades.
Business
Financial professionals unsure about Kevin Warsh as new Fed chief
Financial professionals are skeptical about whether President Donald Trump's nomination of Kevin Warsh to be the new Federal Reserve chairman will receive a green light in the Senate. The Trump administration's threat to impeach outgoing Fed Chairman Jerome Powell is being cited as a major obstacle.
Business
Oil prices fall as concern about major war eases
World market prices for oil and gas are falling. Reduced concern about a U.S. attack on Iran is behind the declines.
Business
Price collapse and stock market turmoil - the new Fed chief looms
A stronger dollar triggered a plunge in gold and other commodity prices. The new head of the US Federal Reserve looms in the background. It may not be such a radical shift, says Mattias Persson, chief economist at Swedbank.
Business
Wall Street hopes for Santa Claus rally, starts higher
Trading on Wall Street was mostly up on the first trading day of the Christmas week. The AI giants lifted the mood.
Business
Slight upside on Wall Street
The New York Stock Exchange rose on Friday, albeit moderately, after inflation figures convinced the market that the US Federal Reserve will cut interest rates next week.
Business
Asian Stock Markets Mostly Rise Following Wall Street Gains
Asian stock exchanges are moving mostly upwards on Monday, and are following the increase on Wall Street on Friday.
Business
Wall Street Rises After US Interest Rate Cut Announcement
New York stock exchange turned up on Thursday, the day after the message from the US central bank about the year's first interest rate cut.
Business
US Job Growth Exceeds Expectations with 177,000 New Positions
The American labor market shows resilience despite economic uncertainty. In April, 177,000 new jobs were created, more than the market had expected. The unemployment rate also remained at 4.2 percent.
Business
US Job Growth Surpasses Expectations with 228,000 New Positions
The number of employed outside the agricultural sector in the USA increased by 228,000 persons in March, according to new figures from the country's labour market department.
Business
Boliden at the top on a cheerful stock exchange
Wednesday offered a happy stock market in Stockholm. The OMXS index closed at plus 0.4 percent. The leading European stock exchanges also rose.
BusinessTop news
ECB lowers the interest rate – for the first time since 2019
The European Central Bank (ECB) takes the back of the Riksbank and lowers its interest rates by 0.25 percentage points. At the same time, they raise the inflation forecast to 2025.
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