A custodian cleans an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Aug. 26, 2024, in Tokyo. – Asian stocks were mixed Monday after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start“The time has come for policy to adjust,” Powell said. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.
Japan’s benchmark Nikkei 225 slipped 1.1% in morning trading to 37,944.68 due to the stronger currency. Powell’s speech marked a sharp turnaround for the Fed after it began hiking rates two years ago as inflation spiraled to its worst levels in generations. The Fed’s goal was to make it so expensive for U.S. households and companies to
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks are mixed after Wall Street’s best week of the yearAsian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street's best week since November with a
Source: Mynorthwest - 🏆 438. / 53 Read more »
Asian stocks are mixed after Wall Street's best week of the yearAsian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday.
Source: ksatnews - 🏆 442. / 53 Read more »
Asian stocks are mixed after Wall Street's best week of the yearAsian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday.
Source: wjxt4 - 🏆 246. / 63 Read more »
Asian shares are mixed after Wall Street decline led by falling tech stocksAsian shares are mixed after another tumble on Wall Street.
Source: wjxt4 - 🏆 246. / 63 Read more »
Asian shares are mixed after Wall Street decline led by falling tech stocksAsian shares are mixed after another tumble on Wall Street.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week. Japan's Nikkei 225 index jumped 2.1%. U.S. futures and oil prices rose. On Friday, the S&P 500 rose 1.1% for its best day in seven weeks.
Source: AP - 🏆 728. / 51 Read more »