Federal Reserve News

ECB's Villeroy Predicts 100 Basis Points Rate Cut by Summer 2025 Amid Inflation Concerns

ECB's Francois Villeroy predicts a 100 basis point rate cut by summer 2025, discusses potential inflationary effects from US policies, and the possibility of decoupling ECB and Fed...

Market Turmoil: BSE Sensex Plummets Over 450 Points, Nifty50 Dips Below 23,200

Indian equity benchmarks BSE Sensex and Nifty50 saw significant drops in Friday's opening trade, influenced by global market trends and corporate earnings. Key companies' financial...

Gold Prices Surge by 1% Amid Speculations of Federal Reserve Rate Cuts in 2025

Gold prices rose 1% following Federal Reserve's Christopher Waller's statement on potential rate cuts in 2025. Silver and platinum also saw gains, while palladium prices fell, illu...

Global Gold Prices Dip Slightly Amid Anticipation of U.S. Inflation Report

Gold prices in Vietnam remain stable while global prices slightly decrease ahead of the U.S. inflation report. Experts suggest a higher CPI could lower gold prices, with potential ...

Asia-Pacific Markets Rally Following US Inflation Data Release

Asia-Pacific markets saw a positive trend following the release of US inflation data, with equities rising across the region. Japan's producer prices and Australia's unemployment r...

Why Did Gold Prices Drop? Analyzing the Global Market Trends and Local Impact

Gold prices have seen a slight decline locally, while global spot gold prices rise. Market strategists attribute these trends to a stronger-than-expected U.S. job report and the su...

Bitcoin Surges to Nearly $95,000: A Remarkable Recovery from Recent Downturns

Bitcoin rebounds to nearly $95,000 after recent lows, influenced by a strong jobs report and Federal Reserve policy speculations. Ethereum also sees growth.

Global Gold Prices Hold Steady Amid Economic Uncertainties and Fed's Rate Decisions

Gold prices remain stable as global markets await the Federal Reserve's next move. Spot gold and U.S. futures show minimal movement, reflecting market anticipation of Fed decisions...

Gold Prices Surge to a 4-Week High Amid Global Economic Uncertainties

Gold prices have surged to a 4-week high, with gold ring prices increasing by 0.7% to VND86.6 million per tael. Globally, gold rebounded as uncertainties around the Trump administr...

US Stock Market Reacts to Strong Job Numbers: A Deep Dive into the Impact

Following strong December job growth, US stock markets opened lower, with major indexes and key players like NVIDIA and Moderna experiencing significant drops. Attention now turns ...

Bitcoin's Value Plummets: A Deep Dive into Its Fall Below $90,000

Bitcoin has recently fallen below the $90,000 mark, reaching its lowest since November 2024. This downturn is influenced by Federal Reserve policy speculations and anticipation of ...

Bitcoin Hits Lowest Point Since November Amid Federal Reserve's Rate Cut Signals

Bitcoin fell to its lowest since November, influenced by Federal Reserve's cautious stance on rate cuts. Despite a recent 10% drop, it's up 53.9% over six months. Ethereum also saw...

Dollar's Slight Decline on the Black Market: A Closer Look at Vietnam's Exchange Rates

The dollar experienced a slight decline on Vietnam's black market, with unofficial exchange points selling it at VND25,755, down 0.17% from Friday. Vietcombank kept its rate unchan...

Wall Street Tumbles as Robust Employment Data Sparks Rate Hike Fears

Wall Street faced a downturn as strong December employment data exceeded expectations, raising fears of interest rate hikes. Earnings reports from Walgreens and Delta Airlines were...

Stock Market Turmoil: Dow Dives 600 Points, Nasdaq 100 Drops 2% Amid Strong Jobs Report

The U.S. stock market faced a significant downturn as major indexes plunged following a stronger-than-expected jobs report, raising concerns over the Federal Reserve's interest rat...

US Stock Markets Dip as Strong Jobs Report Sparks Fed Rate Cut Concerns

U.S. stock markets opened lower after a strong jobs report showed nonfarm payrolls increasing by 256,000 in December, raising concerns over delayed Federal Reserve rate cuts. Prema...

European Markets Hold Steady as Investors Await Key US Economic Indicators

European stock markets opened flat as investors await key US economic reports on nonfarm payroll and consumer confidence, which could impact Federal Reserve interest rate decisions...

European Markets Dip in Premarket as Investors Await Key US Labor Report

European markets experienced a downturn in premarket trading as investors awaited the US nonfarm payrolls report, a key indicator for the Federal Reserve's monetary policy decision...

Fed's Barkin Optimistic: US Economy Set for Continued Growth into 2025

Federal Reserve Bank of Richmond President Thomas Barkin expresses optimism about the US economy's resilience and growth prospects into 2025, highlighting lower consumer debt level...

Boston Fed's Susan Collins Advocates for Gradual Monetary Policy Amid Inflation Concerns

Susan Collins, President of the Federal Reserve Bank of Boston, emphasizes a cautious approach to monetary policy, noting the resilience of the labor market and the persistence of ...

US Dollar Slightly Declines Against Vietnamese Dong Amid Global Economic Shifts

The US dollar experiences a slight decline against the Vietnamese dong, with Vietcombank adjusting its selling rate. Globally, the dollar's strength against the yen persists as tra...

US Stock Markets Show Resilience Amid Federal Reserve's Inflation Concerns

US stock markets ended mostly higher despite Federal Reserve's inflation concerns highlighted in the December FOMC report. The Dow Jones Industrial Average rose, while the Nasdaq 1...

Wall Street Tumbles as Strong Jobs Data Sparks Rate Cut Concerns

Wall Street indices fell as strong job openings and services PMI data fueled concerns over delayed Federal Reserve rate cuts, impacting investor sentiment and currency values.

Global Gold Prices Take a Dive: What's Next for Investors?

Gold prices have seen a slight decline, with global rates remaining steady. Investors are closely watching U.S. economic data for insights into the Federal Reserve's interest rate ...

Michael Barr Announces Resignation as Fed's Supervision Vice Chair, Shifting Regulatory Landscape Ahead

Michael Barr, the Federal Reserve Board's Vice Chair for Supervision, will resign effective February 28, 2025, but remain on the Board of Governors. The Fed plans to hold off on ma...

Dow Surges 250 Points at Opening: A Deep Dive into Market Data and Rivian's Stellar Performance

Major U.S. stock markets opened higher, with Rivian Automotive surging 5.58% after exceeding Q4 delivery expectations. President Biden blocks Nippon Steel's bid for US Steel, while...

Indian Rupee Dips Slightly Against the US Dollar in Early 2025 Trading

The Indian rupee saw a slight decrease to 85.69 against the US dollar in early 2025 trading, influenced by the strong American currency and foreign fund outflows. Forex traders att...

S&P 500 Hits Record High in 2024 Despite Year-End Stock Dip

In 2024, the US stock market experienced significant growth, with the S&P 500 achieving a 23.8% gain, despite a slight downturn on the final trading day. Advances in artificial int...

Wall Street Kicks Off Final Trading Day of 2024 with Optimistic Gains

On the final trading day of 2024, Wall Street opened with gains as investors looked ahead to 2025, focusing on the Federal Reserve's policy and President-elect Donald Trump's secon...

Dow Plummets Over 650 Points: Wall Street's Turbulent Start to the Week

Wall Street experienced a significant downturn on Monday, with the Dow Jones dropping over 650 points. Concerns over the Federal Reserve's monetary policy and year-end profit-takin...

Black Market Sees Surge in Dollar Value Amid Global Currency Shifts

The dollar has seen a significant increase on the black market, with a 0.35% rise at unofficial exchange points, while Vietcombank maintains its rate. The State Bank of Vietnam's r...

US Stock Market Dips in Premarket Trading Ahead of Crucial Housing Data Release

The US stock market opened lower in premarket trading on the second last day of 2024, with investors focused on the pending home sales data. This data is crucial for predicting the...