Wednesday, May 6, 2026
Today's Print

Tag: Federal Reserve

PH stocks slump amid worsening crisis

By Jenniffer B. Austria and Thony Rose Lesaca Philippine stocks closed sharply lower Thursday following a sell-off in U.S. markets as the Federal Reserve kept...

S&P sees limited scope in Asia Pacific for further interest rate cuts in 2026

Asia-Pacific's economic growth is expected to hold up in 2026, supported by resilient domestic demand in many economies and a tentative thaw in US-China...

T-bill auction oversubscribed as yields decline amid rate cut hopes

The government sold P25 billion worth of Treasury bills (T-bills) on Monday amid high demand, with total bids reaching P85.37 billion, the Bureau of...

Bargain-hunting likely to lift PSEi this week

The stock market is expected to move sideways with a slight upward bias this week as investors await the U.S. Federal Reserve’s policy meeting. Analysts...

Trump moves to fire Fed governor

WASHINGTON, DC – US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook “effective immediately” on Monday, citing allegations of false statements...

Peso plunges to 58.32 a dollar ahead of 19% US tariff implementation

Philippine stocks plummeted Thursday, falling below the 6,300 level, and the peso slid to 58.32 against the US dollar a day before the 19-percent...

PSEi dips below 6,300 as peso hits 57.29 a dollar

Philippine shares continued their decline, falling below the 6,300-point mark, driven by concerns that the US Federal Reserve might not cut interest rates due...

US firms plan to pass Trump tariff costs to consumers—Fed minutes

Washington, United States—US firms have warned the Federal Reserve that the cost of President Donald Trump's tariffs will likely be borne by consumers, according to...

PH stocks pullback ahead of Fed policy meet

Philippine stocks continued to pull back ahead of the US presidential election and the Federal Reserve’s policy meeting slated later this week. The benchmark Philippine...

Stocks mostly rise  ahead of Powell talk

Asian and European equities rose ahead of a much-anticipated speech by Federal Reserve boss Jerome Powell later Friday, as the dollar weakened amid speculation...

Economist says Fed rate hikes, inflation could drag OFW remittances

Expectations for more hikes in the Federal Reserve’s key rates along with higher inflation overseas are seen to limit inflows of money being sent...

Asian markets swing as traders assess rates outlook

Asian markets drifted Thursday as investors try to gauge the outlook for US interest rates, while also keeping tabs on developments in France as...

Asian markets track Wall Street’s decline as US Fed decision looms

HONG KONG, China—Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to...

US inflation accelerated to 3.5% in March, dampening interest rate cut hopes

Washington—US consumer inflation continued to accelerate last month, according to government data published Wednesday, reducing the chances of an early interest rate cut from...
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