These must-have Insider Deal household items are at unbeatable prices!A woman walks her dog strolling past monitors showing Japan's foreign exchange rate against the U.S. dollar and other foreign currencies at a securities firm in Tokyo, Thursday, June 13, 2024. – Global shares were trading mixed on Thursday after the Federal Reserve opted to keep its benchmark interest rate unchanged.
In Asia, investors were turning their attention to a meeting of Japan's central bank that ends on Friday. The Bank of Japan is not expected to raise its benchmark rate this time, though the economy is under pressure from the dollar's prolonged surge against the Japanese yen. In currency trading, the U.S. dollar edged up to 157.29 Japanese yen from 156.71 yen. The euro fell to $1.0809 from $1.0812.
As expected, the Federal Reserve kept its main interest rate steady on Wednesday following its latest policy meeting. And Treasury yields dropped after ashowed U.S. consumers paid prices that were 3.3% higher for food, insurance and everything else last month from a year earlier. Economists had been expecting to see the inflation rate stuck at 3.4%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares are mixed ahead of a Fed decision on interest ratesShares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares are mixed ahead of a Fed decision on interest ratesShares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates. In Japan, higher inflation and falling wages have raised questions about how the central bank can navigate away from near-zero interest rates. The Bank of Japan will issue a policy decision on Friday.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares are mixed ahead of a Fed decision on interest ratesShares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: World stocks are mixed ahead of this week's Fed meetingWorld shares are mixed in a busy week that will bring several top-tier reports on U.S. inflation along with a policy meeting of the Federal Reserve.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: World stocks are mixed ahead of this week's Fed meetingWorld shares are mixed in a busy week that will bring several top-tier reports on U.S. inflation along with a policy meeting of the Federal Reserve.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian stocks are mixed ahead of this week's Fed meetingAsian stocks are mixed in a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve. Shares slipped Tuesday in Sydney, Hong Kong and Shanghai, but rose in Tokyo and Seoul. U.S. futures and oil prices fell. The S&P 500 rose 0.3% Monday, topping the record it set last week.
Source: AP - 🏆 728. / 51 Read more »