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Asian shares are mixed after Fed cuts rates, pushing Wall Street near its record

Thursday, December 11 by SRN News

MANILA, Philippines (AP) - Asian shares were mixed on Thursday after the U.S. stock market again approached its record high following the Federal Reserve's cut in its main interest rate. U.S. futures fell and oil prices were little changed. The Fed's rate cut was... Read More.

Analysis-Fed signals pause on rate cuts as investors navigate data darkness and leadership change

Thursday, December 11 by SRN News

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, Dec 11 (Reuters) - After three consecutive interest rate cuts, investors now confront an uncertain U.S. monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at the... Read More.

Dollar slides as Fed dents hawks, markets eye two more rate cuts

Wednesday, December 10 by SRN News

By Rae Wee SINGAPORE, Dec 11 (Reuters) - The dollar fell on Thursday after the Federal Reserve delivered an outlook that was not as hawkish as some had anticipated, giving investors confidence to short the currency as they bet on two more rate cuts next... Read More.

Stocks rise, yields and dollar fall after Fed cuts interest rates

Wednesday, December 10 by SRN News

By Caroline Valetkevitch NEW YORK, Dec 10 (Reuters) - Major stock indexes jumped while U.S. Treasury yields declined on Wednesday after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead, even as the central bank signaled it will... Read More.

US dollar slides after Fed cuts rates, as expected

Wednesday, December 10 by SRN News

By Chibuike Oguh and Gertrude Chavez-Dreyfuss NEW YORK, Dec 10 (Reuters) - The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely expected move, but indicated it will... Read More.

Federal Reserve cuts key rate but signals higher bar for future reductions

Wednesday, December 10 by SRN News

WASHINGTON (AP) - The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded... Read More.

Instant View: Divided Fed cuts rates as expected, but sees only one reduction in 2026

Wednesday, December 10 by SRN News

NEW YORK, Dec 10 (Reuters) - The Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation... Read More.

North Carolina Gov. Stein cancels Medicaid rate cuts amid legal and legislative battles

Wednesday, December 10 by SRN News

RALEIGH, N.C. (AP) - North Carolina Democratic Gov. Josh Stein is canceling Medicaid reimbursement rate reductions he initiated two months ago, a decision that protects short-term access to care for vulnerable patients while a political fight with Republican legislators to enact additional funding is... Read More.

Wall St futures slip ahead of Fed meeting, 2026 cuts in doubt

Wednesday, December 10 by SRN News

Dec 10 (Reuters) - U.S. stock index futures fell on Wednesday, ahead of a Federal Reserve monetary policy decision widely expected to deliver an interest rate cut alongside hawkish commentary on the path of future easing. The central bank's ongoing meeting is likely one of... Read More.

Wells Fargo sees more job cuts going into 2026

Tuesday, December 9 by SRN News

Dec 9 (Reuters) - Wells Fargo expects headcount to decline next year and anticipates higher severance costs in the fourth quarter, Chief Executive Charlie Scharf said on Tuesday at the Goldman Sachs Financial Services conference. (Reporting by Pritam Biswas in Bengaluru; Editing by Susan... Read More.

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